RBI's Panel Meets To Finalise Inflation Report For Government
NDTV
The RBI's panel met to finalise a report for the government on why it failed to keep retail inflation below the target of 6 per cent.
The Reserve Bank's rate setting panel on Thursday met to finalise a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January this year, said sources.
The report will be presented to the government as per the Reserve Bank of India Act, they added.
The six-member Monetary Policy Committee (MPC) is headed by Governor Shaktikanta Das.
The other members are: Shashanka Bhide, Honorary Senior Advisor at National Council of Applied Economic Research, Delhi; Ashima Goyal, Emeritus Professor at Indira Gandhi Institute of Development Research, Mumbai and Jayanth R Varma, Professor at Indian Institute of Management, Ahmedabad.
