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Das pitched for inflation-growth balance at his final MPC meet
Financial Express Kolkata
|December 21, 2024
THE PRIORITY OF monetary policy should be on restoring the inflation-growth balance and aligning inflation to the apex bank's target of 4%, said Shaktikanta Das, former governor, Reserve Bank of India (RBI), according to the minutes of his last monetary policy committee (MPC) meeting, released on Friday.
THE PRIORITY OF monetary policy should be on restoring the inflation-growth balance and aligning inflation to the apex bank's target of 4%, said Shaktikanta Das, former governor, Reserve Bank of India (RBI), according to the minutes of his last monetary policy committee (MPC) meeting, released on Friday. Lower inflation will enhance households' disposable income and increase their purchasing power and this approach would support consumption and investment demand, Das said.
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