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NewsMint OpTuesday, 22 September 2026NEW

Is there a case for raising India's inflation target? There’s clearly some scope for a discussion on it

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Summary
How inflation is behaving elsewhere matters when deciding the country's inflation target. Global price instability makes space for a debate over the ideal rate for monetary policymakers to pursue. But no change can be made in haste.
Key Facts
TypeNews
SourceLivemint - Opinion
PublishedTuesday, 22 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Defence budget: Rs 6.21 lakh crore (2025-26)
Key Authorities
Ministry of FinanceRBISEBIDEAMinistry of Defence
Key Stakeholders
TaxpayersBanks & NBFCsInvestorsArmed ForcesDefence PSUsBorder Communities
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Finance & Economy668 tracked→Defence & Security35 tracked→Science & Innovation62 tracked→
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