Govt, RBI policy biased for growth - Chidambaram

NEW DELHI (Reuters) - The policies of the Indian government and the Reserve Bank of India are biased towards growth, a senior cabinet minister told parliament on Tuesday.

Home Minister Palaniappan Chidambaram, who was formerly finance minister, was answering a question on behalf of Prime Minister Manmohan Singh, who now holds the finance portfolio. "Today, government policy and I believe, the RBI's policy, is biased in favour of growth, which is why the prime minister announced a stimulus package a few days ago," Chidambaram said, referring to the Reserve Bank of India.