Statement by Secretary, DEA on third Bi-Monthly Monetary Policy Statement 2017-18

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..... Statement by Secretary, DEA on third Bi-Monthly Monetary Policy Statement 2017-18 - News and Press Release Dated:- 2-8-2017 - News - The Secretary, Department of Economic Affairs (DEA), Shri Subhas .....

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..... h Chandra Garg said that the Government welcomes the 25 basis points cut in the repo rate announced today by the Monetary Policy Committee (MPC) in its third Bi-Monthly Meeting held in Mumbai today. S .....

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..... hri Garg further said that this is as an important step necessary to converge toward the appropriate real monetary conditions for sustained growth consistent with India s potential and for stable, mod .....

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..... erate inflation. Following is the text of the Statement of Shri Subhash Chandra Garg, Secretary, DEA: We have taken note of the statement of the MPC and its assessment of the inflation and gr .....

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..... owth outlook. We welcome the 25 basis points cut in the repo rate as an important step necessary to converge toward the appropriate real monetary conditions for sustained growth consistent with India .....

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..... s potential and for stable, moderate inflation . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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