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It is heartening to see growth being given due importance by the new MPC
In many respects, India’s Monetary Policy Committee (MPC) meeting on February 7 stood out from earlier ones. It was the first meeting after Governor Sanjay
Slowdown concerns and optimism around receding inflation prompted rate-setting panel to cut repo rate: MPC minutes
Concerns over growth slowdown, especially emanating from the manufacturing sector, and optimism around the gradually receding retail inflationary pressures prompted the Reserve Bank of India