Will break vicious cycle of high inflation-interest rate: Jaitley
June 09, 2014  17:29
Committing to break the vicious cycle of high inflation and high interest rate, Finance Minister Arun Jaitley today made a case for putting in place strict measures and special courts to stop hoarding and black marketing, in addition to reviewing the commodity laws. 

"Long inflationary trends have adversely impacted the food and nutritional security of the common man. We are committed to breaking this vicious cycle of high inflation and high interest rates," he said during a pre-Budget meeting with state finance ministers.
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