Choose quotes font
I think India's policy that the openness of trade should be carried through a multilateral process
I think India's policy that the openness of trade should be carried through a multilateral process
I think India's policy that the openness of trade should be carried through a multilateral process
I think India's policy that the openness of trade should be carried through a multilateral process
I think India's policy that the openness of trade should be carried through a multilateral process
I think India's policy that the openness of trade should be carried through a multilateral process
Next quotes
Urjit Patel:
The lack of a consistent policy from major economies is the main source of volatility.Urjit Patel:
Monetary policy transmission encompasses the whole continuum of interest rates; of course, the centUrjit Patel:
A well-functioning transmission should at some point go from the overnight right up to 40 years, anUrjit Patel:
We should redefine the metric for effective lending, viz., prioritise loans to enterprises, which wUrjit Patel:
Government should eschew suasion and directives to banks on interest rates that run counter to moneUrjit Patel:
Yes, 4% is the government-mandated target to the MPC. The plus/minus 2 percentage-point upper and lUrjit Patel:
The two important variables for the policy formulation are projected inflation and the output gap.Urjit Patel:
Growth is always there in the MPC's scheme of things; we don't lose sight of that, but not at the cUrjit Patel:
There will always be divergence of views on the output gap, as it is unobservable in a rigorous dirUrjit Patel:
What is important is that in a capital-scarce country like India, the real interest rate needs to b