Containing inflation priority for new government - Naidu
NEW DELHI (Reuters) - Containing inflation is a priority for the newly formed government, Parliamentary Affairs Minister M. Venkaiah Naidu said on Thursday after a cabinet meeting.
"Containing inflation is an obvious priority for the government," Naidu told a news briefing after Prime Minister Narendra Modi chaired a cabinet meeting.
Modi, who was sworn in on Monday after a landslide election victory, has completed his government team. Thursday's cabinet meeting scheduled an opening session of the lower house of parliament for June 4-11.
(Reporting by Manoj Kumar; Writing by Douglas Busvine; Editing by Devidutta Tripathy)
- Tweet this
- Share this
- Digg this
The BSE Sensex and Nifty rose more than 1 percent on Monday to mark their biggest daily gain in more than one week after the government's energy reforms led to a rally in oil firms, while wins by Prime Minister Narendra Modi's party in two state elections raised expectations for additional reforms. Full Article