<h1>MPC Holds Repo Rate at 4% to Boost Growth; Inflation at 5.1%, GDP Projected at 9.5% for 2021-22.</h1> The Monetary Policy Committee (MPC) decided to maintain the policy repo rate at 4.0% and the reverse repo rate at 3.35%, with an accommodative stance to support economic growth amid COVID-19. Inflation is projected at 5.1% for 2021-22, with concerns over rising commodity prices. India's GDP growth is forecasted at 9.5% for 2021-22, supported by a normal monsoon and global recovery, despite challenges from COVID-19's impact on rural areas. The MPC emphasizes the need for policy support and vaccination efforts to ensure economic stability and recovery. The next MPC meeting is scheduled for August 2021.