nirmala sitharaman: Inflation debate: Nobody is in denial about price rise, says FM Nirmala Sitharaman in Rajya Sabha – The Economic Times Video

Finance Minister Nirmala Sitharaman on Tuesday said the government has adopted a targeted approach, based on ground-level inputs, to tackle retail inflation which is ruling at around 7 per cent. Indian economy compared to the situation prevailing in peer-group nations and even developed countries is definitely “much better”, she said. However, the minister also acknowledged that global factors are impacting the economy, and said “these are realities”. She also said the government has contained prices of tomato, onion, and potato, while comparing rates with those prevailing in November 2013.