RBI deputy governor has called for taking the repo rate above the four quarters ahead forecast of inflation. His call came even as RBI governor flagged inflation as a "major concern". The minutes of the meeting reveal that inflation has taken centre stage and the members were confident of the growth while their objective was to bring a 'soft-landing'. In the monetary policy committee meeting, the minutes of which were released by the RBI, the governor said, "While high inflation continues to be the major concern, revival of economic activity remains steady and is gaining traction. The time is appropriate to go for a further increase in the policy rate to effectively deal with inflation and inflation expectations."The governor also voted for change in the stance to provide greater clarity on the RBI's policy intent by focusing on withdrawal of accommodation. Hitting out at critics of the central bank, the deputy governor said, "On one side are the nihilists - they lick their lips and obsess that the RBI, like a lamb to the slaughter, is about to fail in its monetary policy mandate. They fail to differentiate between a procedural issue and sensationalism." He added, "On the other side are the facts, the immutable, which suggest that inflation may be peaking. In June, the excise duty cuts on petrol and diesel will have kicked in strongly. After that, second order effects will take effect."