Former RBI Governor Raghuram Rajan opposes excluding food prices from headline inflation, stressing it undermines public trust. He supports targeting a consumer-based basket to better reflect inflation expectations. Rajan critiques suggestions from the Economic Survey 2023-24, highlighting the need for RBI to manage overall price levels. He also emphasizes the importance of credible regulatory responses to allegations and supports lateral entry in the bureaucracy with careful consensus.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.