Overview
- Unnamed finance ministry officials say the government is likely to retain the 4% midpoint within the 2%–6% inflation band.
- The Reserve Bank of India has advised keeping the current framework following internal deliberations and stakeholder consultations.
- The mandate is set on a five-year cycle, and the next renewal falls due in March 2026.
- Consumer inflation ticked up in November from a record low the month before but remained below the 4% midpoint.
- The Finance Ministry has not issued an official comment on the deliberations reported by media outlets.