💨 Abstract

Indian central bank's Governor Sanjay Malhotra has announced plans to collaborate with the government to enhance the inflation targeting framework, aiming for optimal inflation and growth ('Goldilocks conditions') via suitable monetary and fiscal policies. The Reserve Bank of India (RBI) will continue to support economic growth and manage exchange rate volatility, while improving transparency, consultation, coordination, and accountability.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖