The Finance Ministry today said the RBI monetary policy is broadly in line with government's expectations on growth and inflation. In its second bi-monthly policy review for the current fiscal, RBI maintained status quo on interest rate, while pegging economic growth at 7.6 per cent and retail inflation target at 5 per cent for January 2017.In a tweet,Economic Affairs Secretary Shaktikanta Das said that RBI policy statement broadly endorses government expectations on GDP growth and inflation.
News On AIR | June 7, 2016 4:32 PM
RBI policy broadly endorses govt estimates on growth, inflation: Finance ministry