https://www.taxtmi.com/highlights?id=27842 Clauses 216 to 220 of the Bill seeks to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to amend section 2 of the Act so as to insert therein certain definitions to the expressions “Consumer Price Index”, “inflation”, “Monetary Policy Committee”. It is further proposed to insert a new Chapter IIIF in the Act consisting of sections 45Z to 45-O relating to monetary policy to meet the challenge of an increasingly complex economy and to maintain price stability. en-us Sat, 05 Mar 2016 18:41:19 +0530 Sat, 05 Mar 2016 18:41:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27842 Clauses 216 to 220 of the Bill seeks to amend certain provisions of the Reserve Bank of India Act, 1934. It is proposed to amend section 2 of the Act so as to insert therein certain definitions to the expressions “Consumer Price Index”, “inflation”, “Monetary Policy Committee”. It is further proposed to insert a new Chapter IIIF in the Act consisting of sections 45Z to 45-O relating to monetary policy to meet the challenge of an increasingly complex economy and to maintain price stability. Highlights Bill Sat, 05 Mar 2016 18:41:19 +0530 https://www.taxtmi.com/highlights?id=27842