scorecardresearchRBI governor to write to finance ministry if inflation target missed

RBI governor to write to finance ministry if inflation target missed

Updated: 04 Jul 2022, 12:26 PM IST
TL;DR.
Inflation stays above above 6 per cent, the upper limit of the tolerance band, since January this year
RBI Governor Shaktikanta Das will not be in direct communication with Parliament on the subject. Instead, it will be Union Finance Minister Nirmala Sitharaman who will decide whether to place the communication on the table of the House.

RBI Governor Shaktikanta Das will not be in direct communication with Parliament on the subject. Instead, it will be Union Finance Minister Nirmala Sitharaman who will decide whether to place the communication on the table of the House.