The RBI governor examines the structure of the financial system designed to control inflation Powerful servant Dr. He also said that he would discuss this with stakeholders and the government.
The Fiscal Policy Committee was constituted in 2016 to control the annual inflation. The six-member committee is deciding on the rate ratios, which were last held on October 26th. The target was to keep the annual inflation at 6% and a minimum of 2% by March 31, 2021.
The Powerful servant This financial frame has been in effect for three and a half years. We are examining how this policy system works. “We are going to consult stakeholders, consultants, analysts and the government next June.”
Likewise Reserve Bank Fund Talking about the change in the year, he said that the Reserve Bank of India’s fiscal year will begin on July 1 and end on June 30. According to the financial year Reserve Bank Fund Changes are made annually. Accordingly, the Reserve Bank’s fiscal year will begin on July 1 and end on March 31. Subsequently, he said that the Reserve Bank of India (RBI) will start the fiscal year from April 1, 2021 and end March 1.