RBI's autonomy is important: government
11/1/2018
Business/ News Measurements Network
11:15
Between the Reserve Bank of India (RBI) and the government, the Finance Ministry said on Wednesday that the autonomy of the central bank is an important and acceptable requirement for governance.
 
According to the statement issued by the ministry, both the government and the RBI have to work according to the public interest and needs of the Indian economy. According to the statement, there have been wide discussions between the government and the RBI on several issues from time to time for this purpose.
 
The Ministry of Finance said, the government never made the issues of those discussions public. Only people are told about the final decision. The government evaluates issues through these discussions and gives advice on possible solutions. The government will continue to do so.
 

 

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