Inflation Rate In 2024 In India Upsc. Persistent high food inflation in india has been a pressing concern, largely driven by structural and cyclical factors. In its first meeting after the union budget, the reserve bank of india’s monetary policy committee (mpc) decided to keep the policy repo rate unchanged at 6.50% for the.
Inflation targeting is a monetary policy strategy where a central bank, like the reserve bank of india (rbi), sets an explicit target for the inflation rate. India’s fintech ecosystem is thriving, with the number of registered fintech startups surging from 2,100 in 2021 to 10,200 in 2024, a fivefold increase.
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