{"title":"Current Developments in India’s Monetary Policy Framework","authors":"Vishrut Kansal","doi":"10.1093/JFR/FJW010","DOIUrl":null,"url":null,"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.","PeriodicalId":42830,"journal":{"name":"Journal of Financial Regulation","volume":null,"pages":null},"PeriodicalIF":2.0000,"publicationDate":"2016-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1093/JFR/FJW010","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Financial Regulation","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/JFR/FJW010","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"LAW","Score":null,"Total":0}
引用次数: 1
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.
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