Fiscal Monetary Policy Co-ordination:It is worth a relook at what Subir Gokarn said in 2013 RBI report of currency and finance
While pragmatic, its fiscal marksmanship is a pressing concern.
Policy uncertainty can cause a severe drag on economic growth. The maiden budget by finance minister Nirmala Sitharaman was a judicious narrative of how to lessen the policy uncertainties. She has not deviated from the fiscal consolidation path and ...