Signals emanating from RBI’s monetary policy

.....What are the signals emanating from RBI's latest monetary policy? It is clear that RBI's policy has shifted from controlling inflation to fostering economic growth. However this shift is only slight as RBI is not entirely sure that inflation fears have completely subsided. It is still worried that inflation will rear its ugly head again. At the same time RBI is signalling that the Govt of India needs to control its expenditure......

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