https://www.taxtmi.com/news?id=24379 The MPC meeting (August 4-6, 2021) resolved to keep the Policy Repo Rate unchanged and to continue an accommodative stance to revive and sustain growth while ensuring inflation remains consistent with the medium term CPI target. The decision followed assessment of global supply disruptions, elevated commodity prices, nascent domestic recovery with large output slack, and staff projections showing near term inflation pressures driven largely by supply shocks. All members voted to keep the repo rate unchanged; the accommodative stance was supported by five members with one reservation. en-us Fri, 20 Aug 2021 18:35:06 +0530 Fri, 20 Aug 2021 18:35:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24379 The MPC meeting (August 4-6, 2021) resolved to keep the Policy Repo Rate unchanged and to continue an accommodative stance to revive and sustain growth while ensuring inflation remains consistent with the medium term CPI target. The decision followed assessment of global supply disruptions, elevated commodity prices, nascent domestic recovery with large output slack, and staff projections showing near term inflation pressures driven largely by supply shocks. All members voted to keep the repo rate unchanged; the accommodative stance was supported by five members with one reservation. News - Fri, 20 Aug 2021 18:35:06 +0530 https://www.taxtmi.com/news?id=24379