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

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.

OCT 20, 2017
02:46 PM

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