Centre Sets Target Of Maintaining Retail Inflation At 4% For 5 Years

Centre Sets Target Of Maintaining Retail Inflation At 4% For 5 Years

To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for five years ending March 31, 2021.

Government retains 4% retail inflation target till 2031

Government renews inflation targeting framework to ensure economic stability

Govt asks RBI to maintain retail inflation at 4 pc till Mar 2031

New Delhi, Mar 25 (PTI) The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five years ending March 2031.To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for five years ending March 31, 2021. Subsequently, in March 2021, the government mai…

India Retains 4% Inflation Target Till 2031 Amid Rising Oil Price Risks

The Ministry of Finance has retained India’s medium-term inflation target at 4%, according to an official notification issued on Wednesday in consultation with the Reserve Bank of India. The government has also maintained the tolerance band, setting the upper limit at 6% and the lower limit at 2% for the five-year period from April 2026 to March 2031. The move confirms the continuation of India’s flexible inflation targeting framework under the …