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Below is Comment on RBI MPC Announcement By Niraj Kumar, CIO, Future Generali India Life Insurance Company Ltd

“MPC has delivered a well-calibrated ‘Complementary and a Balanced Policy’ in conjunction with the supply-side fiscal measures announced earlier by the government, to rein in the persistently elevated inflation levels. The undertone of the policy and pause on CRR was reassuring with MPC reiterating its commitment to being supportive of growth recovery. Overall, a realistic policy, wherein MPC has reprioritized inflation head-on and taken cognizance of the current Inflationary risks stemming from the geopolitical disruptions and higher commodity prices and has chosen to frontload the actions and play a complementary role to the government, in an effort to balance out the inflation risks.”

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