Committees and commissions
What did the Urjit Patel Committee recommend?
The Urjit Patel Committee, chaired by Urjit Patel (2014), reported on Monetary policy framework.
The detail
| Chair | Urjit Patel |
|---|---|
| Year | 2014 |
| Subject | Monetary policy framework |
| GS paper | GS-III |
CPI as the nominal anchor; 4% inflation target with a +/-2% band; a Monetary Policy Committee, all later adopted.
Source: en.wikipedia.org/wiki/Urjit_Patel
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