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Mayaram hopes RBI will push for growth after WPI data

WPI inflation eased to 5.05% in Jan, helped by moderating food prices

Arvind Mayaram

Reuters Mumbai

Economic Affairs Secretary Arvind Mayaram said he hopes policymakers will try to bolster growth with wholesale price index inflation easing to an eight-month low in January.

Mayaram said he hopes there will be a "real push" to boost growth in Asia's third largest economy where economic growth has slowed to a decade low of around 5%.

Mayaram was responding to queries on whether the Reserve Bank of India's April policy decision will be guided by the recent easing in inflation.

WPI inflation eased to 5.05% in January, helped by moderating food prices.

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First Published: Feb 14 2014 | 12:47 PM IST

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