ISSN (Online) - 2349-8846
-A A +A

Is PAC Going beyond Its Remit by Examining Monetary Policy?

In order to assess, analyse and lay responsibility for a policy decision, whether the benefits or losses are immediately felt or not, a multi-institutional process is required. It is the basic foundation of the principles of oversight, accountability and transparency that institutional complementarities would provide a more holistic and exact picture of the implementation of policy and the performance of those responsible for it. In the case of demonetisation, to assess and lay responsibility for the policy’s shortcomings requires such an approach.



 

Subscribers please login to access full text of the article.

 

 

Subscribe Now !

Get instant access to the complete EPW archives

New 3-Month Subscription to Digital Archives at just Rs 531 for India and $18 for overseas users.

  Subscribe  

Updated On : 17th Mar, 2017

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top