We will be launching our fifth edition of MP Challenge at the end of the month, and we hope there will be more participation this year. As you know, the MP Challenge is an invitation to college students and young academics to form a team to simulate the process of “monetary policy making” in Mauritius.
BIS Review 9/2005  3  Indian specifics In this backdrop, let me now turn to the conduct of monetary policy in India. What has been the objective of Indian monetary policy?