“Per contra, if monetary policy chooses to neglect a persistent food price shock, inflation expectations become unanchored, leading to generalised inflation,” wrote Deputy Governor Michael Patra along with central bank economists Joice John and Asish Thomas George in the RBI’s January Bulletin. The views expressed are personal.
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv
RBI Governor Shaktikanta Das stated that the Indian economy and financial sector are in a strong position. India’s external sector is robust, and the current