A monetary policy framework adopted by India in 2016 under an MOU between RBI and the Government of India, mandating the MPC to maintain retail inflation (CPI) at 4% with a tolerance band of ±2% (i.e., 2% to 6%).
Last updated: 17 May 2026
A monetary policy framework adopted by India in 2016 under an MOU between RBI and the Government of India, mandating the MPC to maintain retail inflation (CPI) at 4% with a tolerance band of ±2% (i.e., 2% to 6%).
Inflation Targeting is significant under RBI because A monetary policy framework adopted by India in 2016 under an MOU between RBI and the Government of India, mandating the MPC to maintain retail inflation (CPI) at 4% with a tolerance band of ±2% (i.e., 2% to 6%).
Inflation Targeting under RBI applies to companies, professionals, and individuals involved in RBI-related compliance and regulatory matters in India. Specifically: A monetary policy framework adopted by India in 2016 under an MOU between RBI and the Government of India, mandating the MPC to maintain retail inflat...