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Inflation situation difficult, but manageable: Deputy gov

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 7:32 PM IST

Reserve Bank of India Deputy Governor, K C Chakrabarty today said that inflation is a difficult situation but "manageable".
    
"Inflation-wise, it is a difficult situation, but then manageable," Chakrabarty told reporters at a banking event here.
    
Earlier this week, RBI Governor D Subbarao had said that the monetary policy management has become difficult because of a surging inflation and the demand for supporting growth.
    
RBI is set to announce its monetary policy on January 25 and is expected to hike the rates to arrest high inflation.

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First Published: Jan 19 2011 | 4:24 PM IST

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