Rajan Calls On Modi Ahead Of Monetary Policy Review
Ahead of the
There were speculations that the new government may replace Rajan who was appointed by the UPA government. "The government can fire me, but the government doesn't set the monetary policy," he had said earlier this month.
“There is often a tendency to try and find a wedge between the two and widen the wedge," he had said, as per media reports.
RBI will hold a meeting to discuss its monetary policy. According to analysts, RBI's strong anti-inflation policies may clash with Modi's aim of reviving the economy.
Rajan had kept the policy rate unchanged at 8% in its April 1 review as
Many economists are of the view that inflation is rising due to supply bottlenecks and the monetary policy is not the right way to bring down prices. Economists expect RBI to keep its repo rate unchanged at 8%.
- Best broadband plans in India in 2021 – JioFiber, Airtel Xstream Fiber and ACT Fibernet
- IPL 2021: Royal Challengers Bangalore have beaten Sunrisers Hyderabad 7 out of 18 times they played each other
- Publicis Groupe consolidates Data Science, Programmatic and Media Tech with Zenith and Starcom, under a common leadership
- Here are the 7 Indians who will be a part of Cannes Lions Jury this year
- CBSE Class 10 board exams cancelled, Class 12 exams postponed as COVID-19 cases surge