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Alok Sheel: What inflation-targeting?

Alok Sheel  |  New Delhi 

There is an ongoing animated debate in Indian financial dailies on the desirability of inflation-targetting as the sole objective of The assumption that current monetary tools are adequate to successfully target inflation is however questionable as globalisation rapidly changes the manner in which inflation is transmitted. Inflation is fast becoming an

First Published: Wed, July 09 2008. 00:00 IST