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You are Here : RBI should not follow govt's borrowing needs blindly: NIPFP

Thursday, 11:07

RBI should not follow govt's borrowing needs blindly: NIPFP

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Ajay Shah, Senior Fellow, NIPFP said that he saw the need for a clear agency relationship between the government and the Reserve Bank of India. Shah said there should be a Fiscal Responsibility and Budget Management (FRBM) act that the government can adhere to, adding that the FRBM targets needed to be more aggressive.
AUG 21, 2017
01:00 AM
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