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Reconstitution Of Monetary Policy Committee

Reconstitution Of Monetary Policy Committee:

The central government has reconstituted the Monetary Policy Committee (MPC) ahead of the Reserve Bank of India (RBI) monetary policy review scheduled for October 7-9. This decision comes as part of the RBI’s mandate to maintain consumer price index (CPI) inflation within a target range of 2-6% and aims to stabilize inflation at 4%