Government to introduce inflation based certificates soon: Finance Ministry

The government will soon introduce inflation-based certificate to provide some cover to households from impact of inflation, a senior Finance Ministry official said according to PTI.

"Government of India is very soon coming-up with inflation based certificate which is aimed at neutralise the impact of inflation," Joint Secretary ( Budget) in the Ministry of Finance Rajat Bhargava said while inaugurating workshop on voluntary saving.

The workshop was attended by various practioners working in the field, representatives from Macro Finance Institutions (MFIs) and officials of Department of Post among others.

Read more about: inflation indexed bonds
Story first published: Thursday, October 31, 2013, 9:11 [IST]
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