Economic Survey indicator

According to the Economic Survey, vouchers for particular purchases valid for suitable periods of time or direct benefit transfers can be utilized to alleviate the hardships caused by rising food prices for the poor and low-income consumers. The Economic Survey for 2023–24 argues that the Reserve Bank of India (RBI) should modify its inflation targeting framework by removing food prices, citing the postponement of the planned monetary policy easing.

"The RBI has maintained interest rates unchanged for a considerable amount of time, and the anticipated easing has been delayed, despite the core inflation rate being approximately 3%," the statement stated. This was done with one eye on the US Fed and the other on the withdrawal of accommodation.