Lower MSPs for agri-products would help curb inflation: Raghuram Rajan

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Lower MSPs for agri-products would help curb inflation: Raghuram Rajan
Raghuram Rajan, RBI governor, said a moderation in the minimum support prices for agricultural products would help curb inflation in the country, reported PTI.

"Inadequate" or "inappropriate" price adjustments in these areas will mean the central bank has to bear a bigger burden to combat inflation, Reserve Bank of India Governor Raghuram Rajan said at an industry event.

India's annual consumer price inflation eased more than expected to a 24-month low of 8.79 percent in January, helped by moderating food prices, government data showed on Wednesday.

Dion Global Solutions Ltd.

Story first published: Friday, February 14, 2014, 9:10 [IST]
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