In a 1st, RBI to tell govt why inflation target is breached
The Times of India|October 04, 2022
Will Convey By Mid-Nov, Govt To Decide If More Steps Needed
Sidhartha
In a 1st, RBI to tell govt why inflation target is breached

New Delhi: The government and the RBI are vowing to do “whatever it takes” to bring retail inflation within the 6% tolerance level even as the Monetary Policy Committee (MPC) is preparing to meet over the next few weeks for the first time to write to the finance ministry, explaining the reasons behind why average inflation has not been within the 2-6% band for three straight quarters.

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