March 14, 2013 / 6:48 AM / 4 years ago

Inflation gives RBI room to cut rates: PM adviser

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A vendor arranges vegetables at a market in Jammu August 12, 2009.Mukesh Gupta/Files

NEW DELHI (Reuters) - The government data released on Thursday gives the Reserve Bank of India room to ease monetary policy when it meets next week, the prime minister's economic adviser, C. Rangarajan, said.

"As of now, the numbers provide some comfort for the authorities to move in the direction of easing," he said on CNBC-TV18 television news channel.

Reporting By Ross Colvin, editing by Rajesh Kumar Singh

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