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    <title>Minutes of the Monetary Policy Committee Meeting, June 2 to 4, 2021 [Under Section 45ZL of the Reserve Bank of India Act, 1934]</title>
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    <description>The Monetary Policy Committee retained the policy repo rate at 4.00 per cent and resolved to continue the accommodative stance as long as necessary to revive and sustain growth and mitigate the impact of COVID 19 while ensuring inflation remains within the medium term target. The decision was unanimous. The MPC projected CPI inflation for 2021 22 at 5.1 per cent and real GDP growth at 9.5 per cent, highlighted upside risks from commodity and logistics costs, and called for coordinated supply side and fiscal measures alongside continued liquidity operations.</description>
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