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    <title>Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC)</title>
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    <description>Government welcomes the First bi monthly Statement of the Monetary Policy Committee which revised the real GDP growth projection upwards and lowered near term inflation forecasts, while the MPC maintained all policy rates unchanged; the Government endorses the updated projections and the decision to keep rates steady.</description>
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