The Economic Times

Measures to address the war's fallout lie outside MPC's remit - GoI and RBI must step up

The Reserve Bank of India's Monetary Policy Committee meets amid a West Asian war. This conflict disrupts supply chains and raises crude oil prices. Inflation is rising while growth shows signs of slowing. The committee must navigate these challenges. The government and RBI are taking steps to manage the rupee's depreciation. Future economic projections will be crucial.