id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
cord-274456-rzrfkkci	Dua, Pami	Monetary policy framework in India	2020-06-23		.txt	text/plain	8827	429	52	"to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy; to maintain price stability while keeping in mind the objective of growth." Based on RBI's Report of the Expert Committee to Revise and Strengthen the Monetary Policy Framework (2014, Chairman: Dr Urjit R Patel), a formal transition was made in 2016 towards flexible inflation targeting and a six member Monetary Policy Committee (MPC) was constituted for setting the policy repo rate. It may be noted that before the constitution of the MPC, a Technical Advisory Committee (TAC) on Monetary Policy was set up in 2005 which consisted of external experts from monetary economics, central banking, financial markets and public finance.	./cache/cord-274456-rzrfkkci.txt	./txt/cord-274456-rzrfkkci.txt