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9) “While inflation targeting has some rationale in advanced economies, where food’s contribution to the CPI and consumption expenditures is barely 20 per cent, and agricultural markets are far more organised, there is an inherent danger of it creating an anti-farmer policy bias in a country like India.” In the light of recent monetary policy framework signed between RBI and the government, critically comment on the statement.

Topic: Indian Economy – General

9) “While inflation targeting has some rationale in advanced economies, where food’s contribution to the CPI and consumption expenditures is barely 20 per cent, and agricultural markets are far more organised, there is an inherent danger of it creating an anti-farmer policy bias in a country like India.” In the light of recent monetary policy framework signed between RBI and the government, critically comment on the statement. (200 Words)

The Indian Express