Ex-RBI Deputy Governor Rakesh Mohan moots 5 pc inflation target
Former RBI Deputy Governor Rakesh Mohan on Monday pitched for changing the central bank’s inflation target band of 2-6 per cent, saying inflation will not take off as long as the government is doing proper macroeconomic management. Under the current dispensation, the RBI has been mandated by the government to maintain retail inflation at 4 … Read more