Notification of the Inflation target for 5 year period beginning from 1st April 2026 and ending on 31st March 2031 under Section 45 ZA of The Reserve Bank of India Act 1934.

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-25032026-271285 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 1515] NEW DELHI, WEDNESDAY, MARCH 25, 2026/CHAITRA 4, 1948 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 25th March, 2026 S.O. 1580(E). — In exercise of the powers conferred by section 45ZA of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government, in consultation with the Bank, hereby notifies the inflation target for the period beginning from the 1st day of April, 2026 and ending on the 31st March, 2031, as under: +-----------------------+---+----------------+ | Inflation Target | : | Four per cent. | +-----------------------+---+----------------+ | Upper tolerance level | : | Six per cent. | +-----------------------+---+----------------+ | Lower tolerance level | : | Two per cent. | +-----------------------+---+----------------+ [F.No. e-12/1/2020-FSRL] Mrs. APARNA SINHA, Economic Adviser