GOI efforts to influence MPC

http://wap.business-standard.com/article/economy-policy/govt-wants-more-rate-cuts-to-revive-growth-117092300779_1.html?utm_source=campaign_pn&utm_medium=push_notification&utm_campaign=browser_push&utm_content=&utm_term=
A forum for bargaining
The GOI spokespersons have been interacting with media about monetary policy stance, just before every MPC meeting at RBI. MPC has accepted some self-imposed discipline in regard to going public with individual/personal views on policy issues. GOI is guided by politics while RBI and MPC go by policy considerations...
M G Warrier

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