Current Developments in India’s Monetary Policy Framework

Vishrut Kansal

Journal of Financial Regulation, 2016, vol. 2, issue 2, 283-290

Abstract: The article traces, and presents a brief analysis of, the recent landmark developments in India’s monetary policy framework, including the shift of primary focus to price stability (through flexible inflation targeting) and the creation of a Monetary Policy Committee with independent experts to set the binding policy rate upon the Reserve Bank of India.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:oup:refreg:v:2:y:2016:i:2:p:283-290.

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