Govt, RBI policy biased for growth: Chidambaram | business | Hindustan Times
Today in New Delhi, India
Sep 24, 2017-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Govt, RBI policy biased for growth: Chidambaram

The policies of the government and the central bank are biased towards growth, a senior cabinet minister told parliament today.

business Updated: Dec 16, 2008 12:51 IST

The policies of the Indian government and the central bank are biased towards growth, a senior cabinet minister told parliament on Tuesday.

Home Minister Palaniappan Chidambaram, who was formerly finance minister, was answering a question on behalf of Prime Minister Manmohan Singh, who now holds the finance portfolio. "Today, government policy and I believe, the RBI's policy, is biased in favour of growth, which is why the prime minister announced a stimulus package a few days ago," Chidambaram said, referring to the Reserve Bank of India.