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AnalysisIGIDRMonday, 17 August 2026

Judging the RBI by the wrong rule by Rajeswari Sengupta

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Summary

The post Judging the RBI by the wrong rule by Rajeswari Sengupta appeared first on Indira Gandhi Institute of Development Research.

Key Facts

TypeAnalysis
SourceIGIDR
PublishedMonday, 17 August 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
R&D spending: 0.7% of GDP

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Science & Technology

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsResearchersR&D InstitutionsStartups

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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