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RBI cannot ignore unemployment, must cut interest rates at monetary policy review

19-Apr-2019 by Naliniprava Tripathy

The RBI’s Monetary Policy Committee will soon roll out its bi-monthly monetary policy, which will determine the economic outlook of the country for the next two months. In its last decision, they reduced the repo rate by 25 basis points owing to unfavorable growth, low inflation, and other broader economic factors. So what has changed since January?

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