SC: Hard to Believe Married Woman Was Lured Into Sex by False Marriage Promise; Case Quashed || SC: Properties Acquired by Karta are Presumed to be Joint Hindu Family Assets unless Proven Otherwise || SC: Trial Courts Must Record that Free Legal Aid was Offered to Accused Before Witness Examination || SC: State Government Employees Cannot Claim Dearness Allowance Twice a Year Unless Rules Allow || P&H High Court: Anticipatory Bail on Settlement Can be Revoked if Compromise is Broken || Delhi High Court: Consenting Adults can Choose Life Partners Without Societal or Parental Approval || Cal HC: Excessive Palm Sweating Alone Cannot Render Candidate Medically Unfit for CAPF Appointment || Del HC: Mother's Right to Education and Personal Growth Cannot be Restricted Due To Custody Disputes || SC: Under RTE Act, States Cannot Justify Low Teacher Pay by Citing Centre’s Failure to Release Funds || Supreme Court: While a Child’s Welfare is Paramount, It is Not the Sole Factor in Custody Disputes

Statement by the Ministry of Finance on the Monetary Policy Committee (MPC)'s Policy Statement- (Press Information Bureau) (06 Dec 2017)

MANU/PIBU/1433/2017

Banking

The Monetary Policy Committee (MPC) released its fifth Bimonthly Policy Statement today. The MPC recognized that inflation remains firmly under control, retaining its inflation projection for the second half of FY 2018 and assessing that the risks to this projection are evenly balanced. For that reason, it has maintained a neutral policy stance.

The MPC has also retained its annual GVA forecast for FY 2018 of 6.7 per cent recognizing several significant developments and emphasizing the Government's reform efforts such as GST, Bank Recapitalization Package and improving Ease of Doing Business Ranking. The Government has taken note of the MPC statement.

Tags : BIMONTHLY POLICY STATEMENT RELEASE

Share :