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Most Indian households think theRBI isn't doing enough to tackle inflation. This is suggested by the 27th Round of the Inflation Expectations of Households survey conducted by the central bank for the January-March, 2011-12, quarter.
The survey found that only 60.6 per cent of the 4,000 respondents spread across 12 cities in India were aware that the RBI takes action to control inflation.
Among these, only 27.3 per cent felt the RBI is taking the necessary action to tackle the high rate of price.
However, out of this small segment, only 49.9 per cent thought the action had an impact on controlling inflation.
The RBI survey noted that while financial sector employees were aware of its role in controlling inflation, daily workers were largely unaware.
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