ADVERTISEMENT
Does India’s Inflation Target Regime Need A Makeover?
The framework is apt and flexible, but there is a case for tweaking the inflation targets, write A Prasanna & Abhishek Upadhyay.
12 Jan 2021, 08:57 AM IST
India is scheduled to review its 4%+/-2% inflation target band in March 2021, as mandated by the Reserve Bank of India Act. The flexible inflation targeting or ‘FIT’ framework itself, or CPI inflation as the policy anchor, are not scheduled for review. Still, commentators are using this opportunity to review the performance of FIT. Such a review throws up some interesting observations.
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT