Macroprudential framework Macro variables such as aggregate credit growth, sectoral credit growth and incremental credit-deposit ratio of banks have historically been integral components of macro policy framework. Much before the crisis, these variables were dovetailed into the prudential regulatory framework for banks.
Buffer stocks in cereals currently stand at 91.6 million tonnes or 2.2 times the buffer norm. These achievements represent, in my view, the most vivid silver lining in the current environment. 5. Shifting the terms of trade in favour of agriculture is the key to sustaining this dynamic change and generating positive supply responses in agriculture.