The monetary policy has taken into account the current macro-economic conditions in the country and therefore, certain measures have been taken keeping in mind the dual objectives of anchoring the inflationary expectations as also ensuring that growth is not impacted much.
The whole objective has been to address inflation concerns, which has been very strong in the recent past. The guidance is that by end of the current fiscal inflation numbers could be moderated to 6 per cent and for growth the RBI has given guidance that it could be 8% plus.