Statement on Monetary Policy Committee Meeting-October, 2019

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Statement on Monetary Policy Committee Meeting-October, 2019
News and Press Release
Dated:- 4-10-2019

Government has noted the reduction in repo rate from 5.40 percent to 5.15 percent an .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nounced by the Monetary Policy Committee (MPC) and believes that this will complement the recent measures taken by government to accelerate growth. Government has also taken note of the revised growt .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h projections of the MPC at 6.1 percent for 2019-20 along with growth projections made by other bodies including the IMF, ADB etc. Government has further taken note of higher projection of headline i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nflation by MPC for 2019-20, which is within the band of 3-4 percent and well within the target range.
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X