Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC) - News and Press Release Dated:- 6-4-2018 - News - The Ministry of Finance, Governmen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t of India welcomes the First bi-monthly Statement of the Monetary Policy Committee (MPC) in the Financial Year 2018-19. Earlier, the Monetary Policy Committee (MPC) in its first bi-monthly State .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ment of 2018-19, issued yesterday, updated its real GDP growth and inflation projections for 2017-18 and 2018-19. The MPC revised upwards its forecast of real GDP growth from 7.2 % in its February 20 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 18 Statement to 7.4 %, broadly in line with the forecast in the Economic Survey. Inflation in Q4 2017-18 has been revised downwards from 5.1 % to 4.5 %. Further, the inflation forecast for H1 2018-19 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... has been revised downwards from 5.1 -5.6 percent to 4.4-4.7 percent, and from 4.5-4.6 percent to 4.4 percent in H2 2018-19. MPC has maintained all policy rates unchanged. The Government of India has .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... welcome the Policy Statement. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X