<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) October 7-9, 2020</title>
    <link>https://www.taxtmi.com/news?id=23240</link>
    <description>The Monetary Policy Committee decided to keep the policy repo rate unchanged and to continue an accommodative stance to support a durable economic revival while ensuring CPI inflation converges to the medium-term target of 4 per cent within a +/- 2 per cent band. The decision reflects the view that recent inflation pressures are largely supply-driven and likely to dissipate as activity normalises, allowing space to prioritise growth amid elevated downside risks to the recovery.</description>
    <language>en-us</language>
    <pubDate>Fri, 09 Oct 2020 11:56:03 +0530</pubDate>
    <lastBuildDate>Fri, 09 Oct 2020 11:56:03 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=634556" rel="self" type="application/rss+xml"/>
    <item>
      <title>Monetary Policy Statement, 2020-21 Resolution of the Monetary Policy Committee (MPC) October 7-9, 2020</title>
      <link>https://www.taxtmi.com/news?id=23240</link>
      <description>The Monetary Policy Committee decided to keep the policy repo rate unchanged and to continue an accommodative stance to support a durable economic revival while ensuring CPI inflation converges to the medium-term target of 4 per cent within a +/- 2 per cent band. The decision reflects the view that recent inflation pressures are largely supply-driven and likely to dissipate as activity normalises, allowing space to prioritise growth amid elevated downside risks to the recovery.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Fri, 09 Oct 2020 11:56:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=23240</guid>
    </item>
  </channel>
</rss>