 "Inflation")
The Reserve Bank of India (RBI) has done well to initiate a discussion paper to review its inflation-targeting framework, seeking feedback on key aspects ahead of the mandatory second five-year review in March 2026. Notably, no such public consultation was held during the first five-year review in 2021. That said, the discussion paper should have been issued by the government, as the responsibility for resetting the target lies with the government under the RBI Act.
Many experts and economists have since expressed their views on different aspects of the discussion paper. On the issue of
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
