Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs, Ministry of Finance: The assessment of the MPC for growth and inflation outlook is consistent with the Government’s assessment of inflation and growth; The Government welcomes the assessment of the MPC and its decision to reduce the Policy Rate and change of Monetary Policy Stance https://www.taxtmi.com/news?id=21072 The Monetary Policy Committee reduced the Policy Repo Rate under the Liquidity Adjustment Facility by twenty-five basis points, adjusted the Reverse Repo Rate, Marginal Standing Facility rate and Bank Rate, and shifted the monetary policy stance from Calibrated Tightening to Neutral. The MPC revised down near term inflation projections while maintaining GDP growth projections; the Government welcomed the MPC's assessment and decision, noting consistency between the MPC's outlook and the Government's own assessment of inflation and growth. en-us Thu, 07 Feb 2019 16:58:59 +0530 Fri, 01 Aug 2025 10:57:00 +0530 TaxTMI RSS Generator Shri Subhash Chandra Garg, Secretary, Department of Economic Affairs, Ministry of Finance: The assessment of the MPC for growth and inflation outlook is consistent with the Government’s assessment of inflation and growth; The Government welcomes the assessment of the MPC and its decision to reduce the Policy Rate and change of Monetary Policy Stance https://www.taxtmi.com/news?id=21072 The Monetary Policy Committee reduced the Policy Repo Rate under the Liquidity Adjustment Facility by twenty-five basis points, adjusted the Reverse Repo Rate, Marginal Standing Facility rate and Bank Rate, and shifted the monetary policy stance from Calibrated Tightening to Neutral. The MPC revised down near term inflation projections while maintaining GDP growth projections; the Government welcomed the MPC's assessment and decision, noting consistency between the MPC's outlook and the Government's own assessment of inflation and growth. News - Thu, 07 Feb 2019 16:58:59 +0530 https://www.taxtmi.com/news?id=21072