Is food inflation truly skewing the effectiveness of monetary policy? The government certainly seems to think so. A combination of volatile food prices, supply side inflation surge, and tame core inflation has led the government to think food inflation had best be excluded from the headline numbers. Now this can be massively consequential as its weightage in the consumer price index is 46%!. So does the change in framework make any sense? Host Anirban Chowdhury talks to Gaura Sengupta, Chief Economist at IDFC FIRST Bank about the Debate Over India’s Monetary Policy Framework.
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Check out other interesting episodes from the host like: Should we re-examine India’s ‘Growth Story’?, The 2024 Gold Rush, What Will Bitcoin 100k Mean For Indian investors?, Need For Speed To Fill The Skills ______, and more!
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