India aiming at 4.0-4.5 pct inflation: Chidambaram | business | Hindustan Times
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India aiming at 4.0-4.5 pct inflation: Chidambaram

Finance Minister P Chidambaram says India aims to bring down inflation to 4.0-4.5 per cent, urging states to maintain adequate supplies of food for ensuring price stability.

business Updated: May 29, 2007 15:54 IST

India aims to bring down inflation to 4.0-4.5 per cent, Finance Minister Palaniappan Chidambaram said on Tuesday, urging states to maintain adequate supplies of food for ensuring price stability.

"The recent spell of inflation was largely due to the spurt in prices of primary articles ... that includes, apart from metals, food articles," he told a meeting of state chief ministers.