RBI's Reddy on the role of monetary policy

In the speech 'Role of monetary policy in attaining growth with stability: The Indian experience' given on 2 April Y.V. Reddy of the Reserve Bank of India said India has a good story to tell the world on its performance relating to the role of monetary policy in attaining growth with stability.

"However, there are still challenges in maintaining the momentum and more importantly make the growth meaningful to the millions of poor and unemployed. I can do no more than fully endorse, what Dr. C

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