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      • All members of the MPC – Dr. Shashanka Bhide, Dr. Ashima Goyal, Prof. Jayanth R. Varma, Dr. Mridul K. Saggar, Dr. Michael Debabrata Patra and Shri Shaktikanta Das – unanimously voted for keeping the policy repo rate unchanged and continue with the accommodative stance as long as necessary to revive growth on a durable basis and mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward.
      www.rbi.org.in/commonman/English/Scripts/PressReleases.aspx?Id=3255
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  2. Jan 16, 2021 · To avoid inflation, most central banks alternate between the accommodative monetary policy and the tight monetary policy in varying degrees to encourage growth while keeping inflation under...

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  3. Mar 5, 2022 · Recently the Monetary Policy Committee (MPC) of the Reserve Bank of India’s (RBI) noted that the central bank’s accommodative policy stance may fail to comply with the Inflation target (upper limit of 6%).

  4. Feb 9, 2022 · This stance is typically adopted when the policy priority is equal on both inflation and growth. During neutral policy, the central bank doesnt commit to hike rates or cut.

  5. Apr 7, 2021 · Section 45-ZA of the RBI Act, 1934 requires that the Central Government shall, in consultation with the Reserve Bank of India (RBI), determine the inflation target in terms of consumer price index (CPI), once in every five years.

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    • Does the Central Bank accommodative policy stance comply with inflation target?1
    • Does the Central Bank accommodative policy stance comply with inflation target?2
    • Does the Central Bank accommodative policy stance comply with inflation target?3
    • Does the Central Bank accommodative policy stance comply with inflation target?4
  6. Feb 26, 2021 · As per sub-sections (a), (b) and (c) of Section 45ZN of the RBI Act, when the Bank fails to meet the inflation target, it is required to set out in a report to the Central Government – (a) the reasons for failure to achieve the inflation target; (b) remedial actions proposed to be taken by the Bank; and (c) an estimate of the time-period ...

    • Does the Central Bank accommodative policy stance comply with inflation target?1
    • Does the Central Bank accommodative policy stance comply with inflation target?2
    • Does the Central Bank accommodative policy stance comply with inflation target?3
    • Does the Central Bank accommodative policy stance comply with inflation target?4
    • Does the Central Bank accommodative policy stance comply with inflation target?5
  7. Monetary Policy Committee continues with an accommodative stance while focusing on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting

  8. www.rbi.org.in › commonman › EnglishReserve Bank of India

    Oct 23, 2020 · The MPC also decided to continue with the accommodative stance as long as necessary – at least during the current financial year and into the next financial year – to revive growth on a durable basis and mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target going forward.