The Reserve Bank of India Act, 1934 · III — CENTRAL BANKING FUNCTIONS

Section 45ZA. Inflation target

In force · As amended up to 2026-08

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.

Source: India Code