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Department of Economic Affairs Secretary Subhash Chandra Garg

Centre hits out at RBI Acharya's 'wrath'

Centre hits out at RBI Acharya's 'wrath'

Sat, Nov 03, 2018

Garg`s remarks came after Acharya, during a lecture last week, made out a strong case for the central bank`s autonomy, saying that governments that do not respect its independence "will sooner or later incur the wrath of financial markets, ignite economic fire, and come to rue the day they undermined an important regulatory institution".

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Govt welcomes MPC’s decision of keeping policy rate unchanged: DEA secretary

Govt welcomes MPC’s decision of keeping policy rate unchanged: DEA secretary

Fri, Feb 09, 2018

Garg said that MPC expects growth to accelerate in 2018-19 while inflation to converge back towards its target level in the second half of next fiscal year

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