Preserving inflation targeting framework’s core architecture is a policy choice of consequence: RBI Dy Guv Gupta
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
On an ongoing basis, the RBI too, on its part, can consider some further refinements, particularly with regard to more engagement on its core inflation measures, she added
Key Facts
Type Policy
Source BusinessLine - Economy
Published Tuesday, 5 May 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right