Economic Survey-II to tone down criticism of RBI

Top decision makers in govt ask CEA to change some of the paragraphs

The tabling of the 2016-17 Economic Survey Part II in Parliament is delayed as top decision makers in the government asked Chief Economic Advisor Arvind Subramanian to tone down the document's criticism of Reserve Bank of India’s (RBI’s) inflation modelling and monetary policy stance, according to informed sources in the government.

When contacted, Subramanian or his team members did not want to comment on the matter.

Part II of the Survey, which has more data and less commentary than the one released on January 31, was expected to be tabled on July 20. It will now be tabled next week.