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Raghuram Rajan opposes excluding food inflation in setting interest rates
...benchmark interest rates, former RBI Governor Raghuram Rajan has said that he is against excluding food prices from headline inflation, as it would erode the 'great faith' of people in the central bank, which has been mandated by the government to...further said it is best that inflation target a basket which is what the consumer consumes because that affects the consumers perception...but if the consumer is facing something very different, then they do not really believe that inflation is down," he told PTI...
Business Standard India
3 days ago
Govt needs to promote labour-intensive industries for jobs: Raghuram Rajan
With 7 per cent economic growth, India is not creating enough jobs as reflected by the number of applicants for vacant posts in some states, Reserve Bank's former governor ...
Business Standard India
6 days ago