Infrastructure spending can curb supply-side inflation: RBI official

Reserve Bank of India (RBI) official said on Thursday that a focus on spending on infrastructure would help the country contain long-term, supply-side inflation.

Sitikantha Pattanaik, an executive director at the RBI, was speaking at an event in New Delhi.

Ashima Goyal, a member of India's Monetary Policy Committee, told the event that uneven rainfall in some regions could impact crop output and may not augur well for inflation.