Section 45ZA of The Reserve Bank of India Act, 1934 View Chapter 3F

Inflation target.

   1[45ZA.  Inflation target.--(1)  The Central Government shall, in consultation with the Bank, determine the inflation target in terms of the Consumer Price Index, once in every five years.

   (2)  The Central Government shall, upon such determination, notify the inflation target in the Official Gazette.]

1Ins. by Act 28 of 2016, s. 222 (w.e.f. 27-6-2016).