About this document
Flexible Inflation Targeting in India by Shubham Singh is a document available to read on EtoBox.
The New Monetary Policy Framework established in 2015 focuses on flexible inflation targeting to maintain price stability while promoting growth. It involves a Monetary Policy Committee (MPC) with six members, three from the Reserve Bank of India and three appointed by the government, responsible for setting the benchmark policy rate and publicizing decisions. The framework includes specific inflation targets and outlines procedures for addressing failures to meet these targets, emphasizing the importance o
- Author
- Shubham Singh
- Language
- EN