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Review of India’s Flexible Inflation Targeting (FIT) Framework Background India’s Flexible Inflation Targeting (FIT) framework—targeting 4% inflation with a ±2% band —expires in March 2026 . RBI released a discussion paper seeking views on: Headline vs core inflation Acceptable inflation level Whether the inflation band should change Since adoption in 2016, inflation has remained largely range-bound , even during multiple shocks. Why Inflation Control Matters High inflation

Credits : The Hindu Editorial Recent announcements by U.S. President Donald Trump on resuming nuclear tests have added fresh uncertainty to an already fragile framework. Nuclear Stockpiles and Non-Proliferation: A Brief Overview:- Global nuclear arsenals have reduced from 65,000 weapons (late 1970s) to less than 12,500 today . The number of nuclear-armed states has remained at nine , far below earlier fears of two dozen. These nine include five nuclear-weapon states under t