The governor also said that while there was a global debate on whether interest rates would end up being high for too long, it was too early to discuss whether the approach to inflation needs to change.
Das, who took office after his predecessor Urjit Patel's exit following a heated debate on the central bank's autonomy, said that during Covid, even purists had realised the importance of coordination between the monetary and fiscal authorities.
This story is from the November 13, 2022 edition of The Times of India Hyderabad.
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This story is from the November 13, 2022 edition of The Times of India Hyderabad.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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