Economists ask FM to review inflation targeting
The New Indian Express|July 19, 2024
AHEAD of the Union Budget 2024 announcement, it is learnt that economists have suggested finance minister Nirmala Sitharaman to revisit the inflation targeting by the Reserve Bank of India.
MONIKA YADAV
Economists ask FM to review inflation targeting

The Economists believe that the government must re-examine and, if necessary, relax the inflation targeting approach to maintain interest rates at moderate levels. According to experts, the 4% (+-2) inflation target mandated to the Reserve Bank of India (RBI) is difficult to achieve and it also keeps interest rates higher.

"There might be some announcement on inflation targeting on July 23. A group of economists have suggested Sitharaman to revisit inflation targeting. There seems to be unanimity among those economists," one of the sources told TNIE.

هذه القصة مأخوذة من طبعة July 19, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة July 19, 2024 من The New Indian Express.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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