Did RBI’s policy shield you from high inflation?

Quick Summary:

Discover how RBI's policy has influenced inflation rates in India and the implications for the economy.

Read insights from economists on the effectiveness of inflation targeting and the recommended adjustments to the consumer price index.

Arguing that the per capita income has doubled since 2011-12, when the 45.8% weight was assigned, the paper suggested that a 40% weight should now be assigned now, which is likely to decline to 30% in a decade based on the per capita income projections.

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Article Details

Author / Journalist: Sidhartha

Category: EconomyBusiness

Markets: IndiaBrazilIndonesiaThailand

Topics: Delhi news live Inflation targeting mandate Food-price inflation Delhi latest news Delhi news today Today news Delhi Delhi news RBI policy Core inflation Monetary policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 06:41:44 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22166648

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