Inflation a concern; Rate cut should improve growth, investment: Pranab
Finance Minister, Pranab Mukherjee says that the moderation of the core inflation rate for 4 months in a row along with a decline in inflation for manufactured products has facilitated the change in the monetary stance. However, food and primary inflation had shown some signs of hardening in the month of march this is a call for some concern, he adds and expects the growth outlook to improve, and revive investment.
