Indian Economy·Key Judgments

Monetary Policy Committee — Key Judgments

Updated 7 Mar 2026

Key Judgments

S.R. Bommai v. Union of India

1994

While not directly related to the Monetary Policy Committee, this landmark judgment on federalism and the misuse of Article 356 established principles of constitutional…

Kesavananda Bharati v. State of Kerala

1973

This seminal judgment established the 'Basic Structure Doctrine' of the Indian Constitution, asserting that certain fundamental features of the Constitution cannot be amended.…