You are here: Home » Opinion » Editorial » Editorials
Social democracy and capitalism: The fraught link
Biodiversity loss
Business Standard

The missing MPC

Delay in appointing external members sends a wrong signal

Topics
Reserve Bank of India | monetary policy committee | Indian Economy

Business Standard Editorial Comment  |  New Delhi 



The (RBI) had no option but to postpone the (MPC) meeting a day before it was to start because the government was unable to appoint three new independent external members. The search committee has reportedly zeroed in on the names, but the process is held up due to some procedural requirements. It is puzzling that the government could not complete the process in time because it was known on the day of the constitution of the MPC in 2016 as to exactly when the term of the external members will end.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, September 30 2020. 01:16 IST

RECOMMENDED FOR YOU

.