ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Monetary Policy in India

A Command Approach Deena Khatkhate Indian monetary authorities have designed an array of policy instruments to regulate credit flows in the planned directions. This has led to a monolithic decision-making process in regard to monetary policy formulation and its implementation and primacy for direct rather than indirect methods of control in monetary management.

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