Nirmala Sitharaman said we are in an era of robust economic activities.New Delhi: Finance minister Nirmala Sitharaman on Saturday said inflation is at a manageable level.Her comments came a day after RBI hiked interest rate by 50 basis points to tame inflation.”Inflation is at a manageable level,” she said here.On Friday, RBI retained its inflation projection for FY23 at 6.7 per cent amid geopolitical concerns triggered by Russia-Ukraine war, and expected inflation to be under control from January.The central bank is mandated to keep retail inflation in a band of 2-6 per cent. Inflation has remained above RBI’s upper tolerance level of 6 per cent since January 2022.Last month, inflation touched 7 per cent.Speaking at the annual day function of regulator IBBI, Ms Sitharaman, who is also the corporate affairs minister, said: “We are in an era of robust economic activities”.(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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