Tag

• UGI USER
• 4 percent inflation target CPI inflation India does inflation targeting work in India flexible inflation targeting GS3 economy Indian Economy inflation targeting in India inflation UPSC Monetary Policy Committee RBI inflation targeting RBI Monetary Policy RBI MPC repo rate India UPSC Current Affairs UPSC Economy
• 0
• 0

Does Inflation Targeting Work in India?

DOES INFLATION TARGETING WORK IN INDIA? Syllabus: GS-2: Government Policies and Interventions GS-3 : Inflation and inflation targeting Why in the News? India has completed a decade of its formal Inflation Targeting (IT) framework, under which the RBI targets 4% CPI inflation within a ±2% tolerance band. Recent research questions its effectiveness, arguing that India’s …

Read More