From people's perspective, overall affordability could become worse despite the inflation rate coming down. Some academics argue inflation targeting is not suited for India. Others, even within the govt, suggest ignoring food inflation.
What is your take?
I think the reason that we targeted headline inflation (CPI) rather than core CPI (inflation without food and fuel prices), is because food is such a big part of the Indian consumption basket; to ignore it is to ignore one of the biggest components of inflation. So you may say, as RBI says, core inflation is coming down, but if your food inflation is high, people are hurting and they're saying, "What world are you living in? You don't see the fact that we are hurting".
Denne historien er fra December 23, 2024-utgaven av Financial Express Ahmedabad.
Start din 7-dagers gratis prÞveperiode pÄ Magzter GOLD for Ä fÄ tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ?  Logg pÄ
Denne historien er fra December 23, 2024-utgaven av Financial Express Ahmedabad.
Start din 7-dagers gratis prÞveperiode pÄ Magzter GOLD for Ä fÄ tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg pÄ
It's slow going at Indiamart
THE B2B PLATFORM IS WORKING TO STABILISE OPERATIONS
ISRO to study how crops grow in space on PSLV-C60 mission
DEMONSTRATION OF SEED germination in outer space, a robotic arm to catch a tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4, the fourth stage of ISRO's PSLV rocket that remains in orbit after launching a satellite.
If it is business as usual, Viksit Bharat by 2047 will not happen
Raghuram Rajan, former RBI governor, in an interview with Udit Misra, speaks on a wide variety of topics, ranging from inflation to GDP growth to the impact of possible global trade war under President Trump's second term. Excerpts:
26 members enter startup billionaire club in 2024
Fifty-year-old Supam Maheshwari, an IIM Ahmedabad alumnus, founded the online platform for babycare products FirstCry after selling an e-learning company that he had set up.
Broker strength falls 40% on compliance burdens
Brokerage firms are facing increasing compliance burdens, leading to a 40% decline in strength.
'Consumers prioritise value, want devices tailored to their needs'
JEFFREY LIANG, PRESIDENT, BENQ ASIA PACIFIC
Tech redefines how we shop in-store
AI provides cues according to individual tastes
Has the 'Indian' car brand come of age?
Consumers are no longer hung up on global badges
Winner, but for how long?
India Inc's fortunes will soon change, unless higher household income supports demand
Budgeting for peasants, planet
UNLESS POLICIES TRY TO GET THE AGRI-MARKETS RIGHT, OUR FARMERS WILL KEEP AGITATING FOR HIGHER PRICES
