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Who Takes a Call on Price Stability, the Government or the RBI?

Deepthi Mary Mathew ()

Working Papers from eSocialSciences

Abstract: The question here is, whether it’s the responsibility of the Government or the Central Bank to ensure price stability in an economy? For instance, what was the role of the RBI when the prices of pulses were soaring up a few months back?

Keywords: price stability; economy; RBI; prices; central bank; government; supply side; bottlenecks; markets; prices; productivity; employees; MGNREGA scheme; inflation; Food and beverage; credit; interest rate (search for similar items in EconPapers)
Date: 2016-09
Note: Current Affairs
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