Financial sector legislative reforms commission (FSLRC) recommendations on Monetory policy
MISHRA, PRACHI
Financial sector legislative reforms commission (FSLRC) recommendations on Monetory policy Some fundamental issues - 2013 - 515-519
The FSLRC recommendation for developing a radically new monetary policy framework is a major step towards modernization of the institutional architecture for policy making in India. The three areas of funadamental reform are an explicit mandate tothe central bank, an empowered monetary policy committee (MPC) and increased transparency. The commission aims at a big overhaul on transparency by proposing to release the statement of monetary policy objectives and the voting record/rationle statements of MPC into the public domain.
FSLRC
346.5407
Financial sector legislative reforms commission (FSLRC) recommendations on Monetory policy Some fundamental issues - 2013 - 515-519
The FSLRC recommendation for developing a radically new monetary policy framework is a major step towards modernization of the institutional architecture for policy making in India. The three areas of funadamental reform are an explicit mandate tothe central bank, an empowered monetary policy committee (MPC) and increased transparency. The commission aims at a big overhaul on transparency by proposing to release the statement of monetary policy objectives and the voting record/rationle statements of MPC into the public domain.
FSLRC
346.5407