TY  - GEN
AU  - MISHRA, PRACHI
TI  - Financial sector legislative reforms commission (FSLRC) recommendations on Monetory policy: Some fundamental issues
PY  - 2013///
KW  - FSLRC
N2  - 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
ER  -