In 2016, the Centre added another mandate to RBI's responsibilities, controlling inflation in the economy. Since then, it is this mandate—keeping the Consumer Price Index (CPI) at 4%—that has often been seen as the primary metric of RBI, and by extension, its leadership's prowess or lack of it.
This story is from the December 11, 2024 edition of Hindustan Times Noida.
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This story is from the December 11, 2024 edition of Hindustan Times Noida.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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