RBI Governor discusses inflation situation with PM

New Delhi, June 21 (PTI) Governor of Reserve Bank of
India (RBI) Y.V. Reddy on Saturday met Prime Minister Manmohan
Singh and is understood to have discussed steps needed to be
taken to control the prices with inflation shooting to 13-year
high at 11.05 percent.
Reddy's meeting with Singh lasted for about 15-20
minutes, sources said, but details were not available.
Coinciding with the meeting, the Finance ministry started
outlining the government's move to control price rise amid
reports that Reddy also met Finance Minister P. Chidambaram.
The Government had on Friday indicated stronger measures
on demand and monetary sides.
Addressing the media, Chidambaram had said "these are
difficult times. The government is aware of difficulties...
Naturally, we will have to look at stronger measures on demand
and monetary sides...We will try to address to best of our
abilities the demand and monetary sides and try to improve
supply side also."