Former central banker Viral Acharya warned against the Reserve Bank of India monetizing the government's budget deficit, citing risks to inflation and external sector stability.
source https://www.ndtv.com/business/viral-acharya-who-quit-rbi-last-year-flagged-deeply-flawed-move-book-quest-for-restoring-financial-stability-in-india-2269285
source https://www.ndtv.com/business/viral-acharya-who-quit-rbi-last-year-flagged-deeply-flawed-move-book-quest-for-restoring-financial-stability-in-india-2269285
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