MPC: Back on track

The new members will bring divergent views to policymaking

Topics
monetary policy committee | Reserve Bank of India | Indian Economy

Business Standard Editorial Comment  |  New Delhi 

After an avoidable delay, the government on Monday appointed external members to the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC), and the new rate-setting committee will meet between October 7 and 9 to review the policy. While the government has restricted its choice of panel members to academia, it has done well to maintain a diversity of interests.

Jayanth Varma, an expert in finance, was a member of the board of the Securities and Exchange Board of India. He has been engaged in policy work in financial markets and has served on a number of expert ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, October 06 2020. 22:57 IST
RECOMMENDED FOR YOU
.