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Monetary Policy Framework Agreement

Dated:- 7-8-2015 - The Government of India and Reserve Bank of India signed a on 20th February, 2015. The objective of monetary policy framework is to primarily maintain price stability, while keeping .....

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+/-) 2 per cent for 2016-17 and all subsequent years. The proposed reduction in fiscal deficit to 3.9 per cent of GDP in Budget Estimates 2015-16 is designed with a mix of reduction in total expenditu .....

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