 "Y V Reddy, former governor, Reserve Bank of India")
The title of the latest book by former RBI governor Y V Reddy — Advice & Dissent — is enough for any journalist to shoot topical questions at him. However, Reddy is cautious enough to not digress from the subject of the book. He tells Ishan Bakshi & Indivjal Dhasmana that he is not against constituting committees but the moot point is whether the Monetary Policy Committee (MPC) is good for India in the prevailing circumstances. He also talks about inflation-targeting, the relationship between the RBI and the finance ministry, non-performing assets (NPAs). Edited excerpts:
Amid a heated debate over
