India Needs to Separate Debt from Monetary Management
Published By: SIEPR/ eSS | Published Date: June, 30 , 2005The Reserve Bank of India, in its Annual Policy Statement on April 28, 2005, for the year 2005-06, announced its intention to reorient government debt management
operations entailing functional separation between debt management and monetary operations within RBI. This first step initiating the separation of the two operations is expected eventually to culminate in the RBI focusing on monetary policy with a separate office under the Ministry of Finance managing government debt.
Author(s): Charan Singh | Posted on: Apr 14, 2006 | Views(2368) | Download (773)