Inflation target should align with advanced economy average of 2%: Patra

2 hours ago

"By being anti-inflationary, monetary policy makes the biggest contribution to growth"

Michael Debabrata Patra

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Michael Debabrata Patra, Former RBI Deputy Governor and Former MPC Member (2016-2025). (File Pic)

Subrata Panda Mumbai

10 min read

Last Updated :

Oct 02 2026 | 11:36 PM

IST

Michael Debabrata Patra is the longest serving member of monetary policy committee, first as an ex-officio member nominated by the central bank board and then as the deputy governor in-charge of monetary policy. He was also the member secretary of the Urjit Patel committee which proposed the inflation targeting framework.

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