<h1>Reserve Bank's 2012-13 Policy Tackles Inflation, Growth, and Stability Amid Global and Domestic Economic Challenges.</h1> The Monetary Policy Statement for 2012-13, released by the Reserve Bank, highlights the challenging global and domestic economic environment. Globally, while the US shows modest recovery and European financial stress has eased, issues like the eurozone debt crisis persist. Domestically, India faces slowing growth, sticky inflation, fiscal deficit concerns, and rising crude oil prices. The policy aims to balance inflation control with growth support, projecting a GDP growth of 7.3% for 2012-13 and inflation at 6.5% by March 2013. Key measures include a repo rate cut, enhanced liquidity provisions, and developmental policies focusing on financial stability, market reforms, and financial inclusion.