Urjit Patel committee report and inflation targeting : A 10-year review
By: Virupakshan, Kumaraswamy
.
Material type: 
BookPublisher: Economic & Political Weekly Description: 60(50), Dec 13, 2025: p.30-35.
In:
Economic & Political WeeklySummary: Inflation targeting aims to stabilise inflationary expectations, bring down inflation and provide a stable environment for sustained growth. At the completion of 10 years since its implementation in India, an evaluation is appropriate. It is suggested that a more optimal central target may be 6%, and the lower and upper bands should be in the ratio of 1:2, which makes 3% a logical lower limit. While inflation targeting may have brought down inflation and controlled volatility, it is costing India $0.7–$1.06 billion in output in constant terms per quarter, and the cumulative loss is an estimated $9–$16 billion. – Reproduced
https://www.epw.in/journal/2025/50/insight/urjit-patel-committee-report-and-inflation.html
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Indian Institute of Public Administration | 60(50), Dec 13, 2025: p.30-35 | Available | AR138078 |
Inflation targeting aims to stabilise inflationary expectations, bring down inflation and provide a stable environment for sustained growth. At the completion of 10 years since its implementation in India, an evaluation is appropriate. It is suggested that a more optimal central target may be 6%, and the lower and upper bands should be in the ratio of 1:2, which makes 3% a logical lower limit. While inflation targeting may have brought down inflation and controlled volatility, it is costing India $0.7–$1.06 billion in output in constant terms per quarter, and the cumulative loss is an estimated $9–$16 billion. – Reproduced
https://www.epw.in/journal/2025/50/insight/urjit-patel-committee-report-and-inflation.html
There are no comments for this item.