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
- Missouri grand jury makes decision in fatal shooting of black teen
- Congress signals it could back Modi's insurance reform plan
- Jindal Steel shelves $10 bln project after coal setback
- Hagel, under pressure, resigns as U.S. defense secretary |
- Recharge your phone in 30 seconds? Israeli firm says it can
The reformist government that many Indians and free-market flag-bearers had hoped would emerge after this year's election isn't in New Delhi - at least not yet. Rajasthan, derided as a poverty-stricken laggard, has taken the lead on structural reforms that, their backers argue, could also help Asia's No.3 economy as a whole to attract business and employ a fast-growing workforce. Full Article
Hyundai Motor, Kia Motors lift 2014 global sales target on China, emerging markets Full Article