Economics, Econometrics and Finance
3 years ago

Repo Rate Cut Boosts Economic Stability in India for 2019-20

Journal of Emerging Technologies and Innovative Research
Monetary Sector Developments (In reference to financial year 2019-20)
Shanil Gusain, Manjula Mishra

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The monetary policy in India for the financial year 2019-20 aimed to maintain stability while supporting economic growth. The focus was on lowering the repo rate by 110 basis points over four meetings due to slower growth and lower inflation. Initially, liquidity conditions were tight, but they improved later in the year.