Infrastructure spending can curb supply-side inflation- RBI official

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Infrastructure spending can curb supply-side inflation- RBI official

New Delhi-

An Indian central bank official said on Thursday that focusing on infrastructure spending will help the country contain long-term supply-side inflation.

Sitikantha Patanik, CEO of the Reserve Bank of India, was speaking at a party in New Delhi.

Ashima Goyal, a member of the Indian Monetary Policy Committee, told the event that uneven rainfall in some areas may affect crop production and may not bode well for inflation.

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