RBI Seeks Feedback on Appropriate Inflation Target for India

RBI Seeks Feedback on Appropriate Inflation Target for India

India’s central bank has sought public feedback on what should be an appropriate inflation target ahead of a review due in March next year.

Monetary Framework Under Review: RBI Explores Tweaks To Inflation Target And Tolerance Band

The Reserve Bank of India has released a discussion paper ahead of the second review of the monetary policy framework and inflation target due by end March 2026.This paper undertakes a review of the nature and format of the extant inflation target, against the backdrop of the last nine years of India’s experience including the challenges faced during the pandemic and the post-pandemic era coupled with experience of inflation targeting advanced e…