@article {article1230, title = {The RBI is being realistic on rates}, author = {Himadri Bhattacharya}, journal = {Foundation of The Billion Press}, date = 2018-02-08, year = 2018, url = https://www.thebillionpress.org/columns/economy/rbi-being-realistic-rates-1230, Abstract = {Clearly, in the hierarchy of preference of MPC, the need to support growth and investment ranked higher than the necessity of curbing inflation expectation. Be that as it may, it is doubtful if this decision is consistent with MPC’s objective of achieving medium-term target for CPI between 2% and 6%} }