Ex-RBI Guv Subbarao suggests 3 ways to improve functioning of Monetary Policy Committee


Dr Duvvuri Subbarao was one of the last few RBI Governors who was solely in charge of setting the country’s benchmark interest rates. Since 2016, India has adopted the approach towards rate-setting that many advanced economies have – that of a Monetary Policy Committee.Dr Subbarao weighs in on how the Committee has performed over the last five years and what changes it could adopt to improve its functioning.



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