Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-trace').style.display = (document.getElementById('cakeErr680456777aebf-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680456777aebf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-code').style.display = (document.getElementById('cakeErr680456777aebf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-context').style.display = (document.getElementById('cakeErr680456777aebf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680456777aebf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680456777aebf-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p> <p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p> <p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p> <p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p> <p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p> <p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'The Hindu, 8 September, 2022, https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 63721, 'metaTitle' => 'LATEST NEWS UPDATES | Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'metaKeywords' => 'Inflation,Retail inflation,Interest rates,Rate of interest,Monetary policy,fiscal policy', 'metaDesc' => '-The Hindu Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks...', 'disp' => '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p><p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p><p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p><p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p> <p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p> <p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p> <p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; 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in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks...' $disp = '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p><p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p><p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p><p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Monetary policy alone can’t tame inflation: FM -Vikas Dhoot | Im4change.org</title> <meta name="description" content="-The Hindu Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Monetary policy alone can’t tame inflation: FM -Vikas Dhoot</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. </p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. </p><p style="text-align:justify">“Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. </p><p style="text-align:justify">India’s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a ‘very critical part of it’, they could not be the only one, the minister observed. </p><p style="text-align:justify">“I say it with a sense of responsibility… yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,” she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-trace').style.display = (document.getElementById('cakeErr680456777aebf-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680456777aebf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-code').style.display = (document.getElementById('cakeErr680456777aebf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-context').style.display = (document.getElementById('cakeErr680456777aebf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680456777aebf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680456777aebf-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p> <p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p> <p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p> <p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p> <p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p> <p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'The Hindu, 8 September, 2022, https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 63721, 'metaTitle' => 'LATEST NEWS UPDATES | Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'metaKeywords' => 'Inflation,Retail inflation,Interest rates,Rate of interest,Monetary policy,fiscal policy', 'metaDesc' => '-The Hindu Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks...', 'disp' => '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p><p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p><p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p><p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; 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she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p><p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p><p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Monetary policy alone can’t tame inflation: FM -Vikas Dhoot | Im4change.org</title> <meta name="description" content="-The Hindu Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Monetary policy alone can’t tame inflation: FM -Vikas Dhoot</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. </p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. </p><p style="text-align:justify">“Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. </p><p style="text-align:justify">India’s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a ‘very critical part of it’, they could not be the only one, the minister observed. </p><p style="text-align:justify">“I say it with a sense of responsibility… yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,” she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-trace').style.display = (document.getElementById('cakeErr680456777aebf-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680456777aebf-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-code').style.display = (document.getElementById('cakeErr680456777aebf-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680456777aebf-context').style.display = (document.getElementById('cakeErr680456777aebf-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680456777aebf-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680456777aebf-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p> <p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p> <p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p> <p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p> <p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p> <p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'The Hindu, 8 September, 2022, https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 63721, 'metaTitle' => 'LATEST NEWS UPDATES | Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'metaKeywords' => 'Inflation,Retail inflation,Interest rates,Rate of interest,Monetary policy,fiscal policy', 'metaDesc' => '-The Hindu Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks...', 'disp' => '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions &lsquo;as much&rsquo; with its counterparts in developed countries.&nbsp;</p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered &lsquo;sacrosanct&rsquo;, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said.&nbsp;</p><p style="text-align:justify">&ldquo;Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,&rdquo; she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p><p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p><p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be &lsquo;unfettered&rsquo; 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she asked rhetorically. &ldquo;Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],&rdquo; she wondered.&nbsp;</p><p style="text-align:justify">India&rsquo;s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a &lsquo;very critical part of it&rsquo;, they could not be the only one, the minister observed. &nbsp;</p><p style="text-align:justify">&ldquo;I say it with a sense of responsibility&hellip; yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,&rdquo; she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Monetary policy alone can’t tame inflation: FM -Vikas Dhoot | Im4change.org</title> <meta name="description" content="-The Hindu Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Monetary policy alone can’t tame inflation: FM -Vikas Dhoot</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. </p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. </p><p style="text-align:justify">“Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. </p><p style="text-align:justify">India’s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a ‘very critical part of it’, they could not be the only one, the minister observed. </p><p style="text-align:justify">“I say it with a sense of responsibility… yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,” she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; 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$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman</em></p> <p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. </p> <p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. </p> <p style="text-align:justify">“Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. </p> <p style="text-align:justify">India’s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a ‘very critical part of it’, they could not be the only one, the minister observed. </p> <p style="text-align:justify">“I say it with a sense of responsibility… yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,” she said.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more. </p> ', 'credit_writer' => 'The Hindu, 8 September, 2022, https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'monetary-policy-alone-can-t-tame-inflation-fm-vikas-dhoot', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 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said on Thursday that monetary policy tools like interest rate increases deployed by several central banks...', 'disp' => '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. </p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. </p><p style="text-align:justify">“Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. </p><p style="text-align:justify">India’s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a ‘very critical part of it’, they could not be the only one, the minister observed. </p><p style="text-align:justify">“I say it with a sense of responsibility… yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,” she said.</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true" title="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more. </p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 63721, 'title' => 'Monetary policy alone can’t tame inflation: FM -Vikas Dhoot', 'subheading' => null, 'description' => '<p style="text-align:justify">-The Hindu</p> <p style="text-align:justify"><em>Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman</em></p> <p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. </p> <p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. </p> <p style="text-align:justify">“Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. </p> <p style="text-align:justify">India’s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a ‘very critical part of it’, they could not be the only one, the minister observed. </p> <p style="text-align:justify">“I say it with a sense of responsibility… yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,” she said.</p> <p style="text-align:justify">Please <a href="https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true">click here</a> to read more. </p> ', 'credit_writer' => 'The Hindu, 8 September, 2022, https://www.thehindu.com/business/Economy/monetary-policy-alone-cant-tame-inflation-fm/article65866747.ece?homepage=true', 'article_img' => '', 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=> [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 63721 $metaTitle = 'LATEST NEWS UPDATES | Monetary policy alone can’t tame inflation: FM -Vikas Dhoot' $metaKeywords = 'Inflation,Retail inflation,Interest rates,Rate of interest,Monetary policy,fiscal policy' $metaDesc = '-The Hindu Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks...' $disp = '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman</em></p><p style="text-align:justify">In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. </p><p style="text-align:justify">While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. </p><p style="text-align:justify">“Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. </p><p style="text-align:justify">India’s experience in handling inflation showed that many different factors needed attention 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Monetary policy alone can’t tame inflation: FM -Vikas Dhoot |
-The Hindu Growth impulses also need to be ‘unfettered’ in current situation, says Sitharaman In a barely veiled signal to Mint Street, Finance Minister Nirmala Sitharaman said on Thursday that monetary policy tools like interest rate increases deployed by several central banks would not suffice to cool inflation and suggested that the Reserve Bank of India need not synchronise its actions ‘as much’ with its counterparts in developed countries. While monetary policy as a solution for containing inflation had been considered ‘sacrosanct’, the minister indicated that growth needed attention too, while countries that had been exponents of the monetary policy theory that only increasing interest rates could rein in inflation, had been totally ineffective in managing price rise, Ms. Sitharaman said. “Why does one country in that network have a 79% [inflation] and why [does] some country, which is the fountainhead of such theory, have the highest inflation in 40 years,” she asked rhetorically. “Why would other members of that clique of nations also [be looking] at 8%-9% [inflation],” she wondered. India’s experience in handling inflation showed that many different factors needed attention and while the central bank and its instruments like interest rates form a ‘very critical part of it’, they could not be the only one, the minister observed. “I say it with a sense of responsibility… yes, it is one of the tools, but sometimes, for instance in India, if you were to leave the policy makers and talk to people on the ground, they would say, particularly in the situation we are in now, where economic growth would have to be unfettered,” she said. Please click here to read more. |