The National Statistical Office, the Consumer Price Index (CPI)-based inflation eased marginally to 6.71 per cent in July from 7.01 per cent in the previous month.
A Memorandum of Understanding on the promotion and financing of 700 JLGs was signed on Thursday and exchanged between NABARD, J&K Regional Office and Jammu & Kashmir Grameen Bank in the conference hall of NABARD, J&K Regional Office.
Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month.
EXAMIANS