The chief economic adviser has said inflation will be well within the 4% target set by the RBI by March 2018.
"Substantially overachieved on checking inflation; by the end of March inflation will be well within the target," ANI reported Arvind Subramanian as saying.
He added that 5.4 lakh new tax payers had been added post-demonetisation.
And that farmloan waivers were going to be deflationary, not inflationary.