· Sanjay Malhotra Wiki · Reserve Bank of India WikiReserve Bank of India's role in India's growth and navigating global challenges
Read full speech on bis.org ↗ContextAddress by Sanjay Malhotra, Governor of the Reserve Bank of India, at Princeton University, Princeton, New Jersey, 18 April 2026.
Why it mattersSpeaking at Princeton, India's Governor explains why inflation hurts the poor most and how India copes with food price shocks.
Problems raised
- Inflation hits the poorest hardest.
- India's food prices depend on monsoons and crop diseases.
- Supply chains for essential goods are fragile.
Solutions proposed
- Keep flexible inflation targeting.
- Coordinate fiscal and monetary policy.
- Build agricultural resilience and storage infrastructure.