What's the RBI doing to control inflation, and is it enough? | Sansad Watch Ep 31

Описание: The RBI has immense power, but is it using it?

Last week, we told you all about how inflation happens and what the government is doing about it:    • Price rise and what the govt is doing abou...  

This week in Part 2, we'll tell you what our central bank, the #ReserveBankofIndia, can do to rein in price rise. The #RBI has immense power to control the flow of money in the market and thus control inflation. But is the RBI using these powers? Or is RBI governor #ShaktikantaDas (and his monetary policy committee) sitting with fingers crossed, hoping for the best?

We break it down. Watch.

References

Governor's Statement (April 2022): https://rbidocs.rbi.org.in/rdocs/Pres...

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