In his 8th Union budget before 2014 general elections, Finance Minister P Chidambaram emphasized the need to curb inflationary pressures in the economy. Stating that demand side pressures drive up prices, Chidambaram said that all possible supply-side measures would be taken to meet the needs of a growing population. He also proposed inflation indexed bonds for the 'aam aadmi' as the UPA government fights inflation for its survival in the 2014 elections.