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Inflation target becomes govt's job after FM, RBI meet

The Reserve Bank of India (RBI) has agreed to the proposal that the right to decide on an inflation target for the economy will become the government‘s mandate and that the central bank would focus on achieving it, Finance Minister P Chidambaram said while addressing a joint press conference with governor Raghuram Rajan.

first published: Mar 7, 2014 03:26 pm

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