Monetary Policy: RBI expects GVA growth at 7.4%, CPI Inflation at 5% by FY18

While maintaining a status quo on its sixth bi-monthly monetary policy, the Reserve Bank of India (RBI) pointed out on economic factors like Gross Value Added (GVA) growth and Consumer Price Index (CPI) or Retail Inflation growth for the coming fiscal year (FY18).

Monetary Policy: RBI expects GVA growth at 7.4%,
RBI expects growth in GVA to be driven by four key measures. While Inflation to be near 5% by FY18. Photo: Reuters

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