The framework may warrant limited refinement—specifically, the inclusion of a clearly defined escape clause for exceptional circumstances.
Vivek Kumar
August 26, 2025 at 2:05 PM IST
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As India debates whether food prices should be excluded from inflation targets, the RBI will find itself balancing political pressure with institutional credibility. The RBI must remember that inflation is not a percentage point; it is the price of a plate of food.
Srinath Sridharan
August 26, 2025 at 5:20 AM IST
