The government is closely following the inflation situation to prevent any surge in prices, FM Nirmala Sitharaman told the Rajya Sabha as she attributed inflation to “extraneous” factors, such as, rising fuel and fertiliser prices The minister said while some large economies were facing recession because of their financial handling of the pandemic, the government with its “targeted approach” of providing relief had kept India on a “safe course of revival” and the country was not getting into recession.
