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    <title>Inflation Targeting in India: The Past, The Present and The Future - Speech by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India delivered at Joint Seminar and Discussion - ‘India’s Inflation Targeting Framework’ and ‘Regional Economic Outlook for Asia and Pacific’, NCAER, New Delhi on May 5, 2026</title>
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    <description>India&#039;s inflation targeting framework was renewed through March 2031, retaining the 4 per cent CPI inflation target with a +/-2 per cent tolerance band. Monetary policy remains with the Monetary Policy Committee, and the framework continues to rely on transparent communication through MPC resolutions, minutes, statements, press briefings, and the Monetary Policy Report. The consultation review broadly supported retaining headline CPI inflation, keeping the 4 per cent target, preserving the existing band, and rejecting a shift to pure range targeting.</description>
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    <pubDate>Wed, 06 May 2026 16:36:17 +0530</pubDate>
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