2-6% inflation target works well, no need to tinker with it: Sanjeev Sanyal

In a Q&A, the finance ministry's Principal Economic Advisor also explains why he thinks the latest Budget is extraordinary

The inflation target, which is due for the review in the next one-and-a-half months, may not change as the government believes the current goal under the monetary policy framework (MPC) has worked reasonably well. In a conversation with Shrimi Choudhary, the finance ministry's Principal Economic Advisor Sanjeev Sanyal said that the target range of 2-6 per cent does not require tinkering as the government rarely gone outside the range. Excerpts:

Do we see any inflation target framework change as it is coming for review? 

As far as inflation targeting is concerned, the current system has worked reasonably well for what