Shaktikanta Das.
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Says threat to development gravest; GDP growth seen at negative area in FY21
The six member of the MPC minimized the repo rate by 40 bps to 4%with five members voting for such a cut and one– Chetan Ghate– voted for a 25 bps cut.
” High frequency indications point to a collapse in demand beginning in March 2020 throughout both city and rural sectors,” h