Disinflation to be slow and long: Das
14-06-2023
By Admin
The disinflation process in India to be slow and protracted, with the 4% inflation target likely to be met only over the medium term.
Disinflation to be slow and long: Das
The disinflation process in India to be slow and protracted, with the 4% inflation target likely to be met only over the medium term.
• The RBI's Monetary Policy Committee, headed by RBI chief, is tasked with bringing down inflation to 4% over the medium term, and holding it between 2% and 6% over the long term.
• RBI's inflation projection for FY24- 5.1%
• Disinflation- Disinflation is a situation of decrease in the rate of inflation over successive time period. It is simply slowing of inflation.