Comment on Why India’s Government and Central Bank Are Feuding

Why India’s Government and Central Bank Are Feuding

The U.S. Federal Reserve is hardly the only central bank in the world feeling the heat from political leaders. The Reserve Bank of India has often been at odds with the nationalist government of Prime Minister Narendra Modi, which since taking office in 2014 has periodically accused the bank of not doing enough to boost economic growth.

 

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