rbi speech, 2024-09-05
From an economic perspective, reforms that have imparted paradigm shifts and buttressed our stability and growth story would include: (i) shifting from administered exchange rate of the rupee to a market determined regime; (ii) stoppage of automatic monetisation of budget deficit financing by the Reserve Bank; (iii) enactment of the FRBM Act; (iv) introduction of the flexible inflation targeting framework; (v) enactment of the Insolvency and Bankruptcy Code (IBC); and (vi) implementation of the Goods and Services Tax (GST).
Sentiment: neutral
Topic: mp_economic_activity