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

Clueless against Emerging Recession

EPW Research Foundation Clueless against Emerging Recession The RBI's conventional approach, reiterated in its latest Annual Report, of tinkering with reserve requirements and signalling monetary policy changes through open market operations may achieve the objective, to which the RBI evidently and attaches the highest importance, of establishing closer links among the money, capital, gilt foreign exchange markets, but it will certainly not help stimulate the dynamic role of credit in the development of the economy.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

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