The inflation risks highlighted by the Monetary Policy Committee are easing

CPI inflation has remained below 4 per cent, i.e. the medium-term target set by the Monetary Policy Committee (MPC) of the Reserve Bank of India for six consecutive months.Moreover, several of the inflation risks highlighted by the MPC in April 2017 have subsequently eased due to positive factors like the improved monsoon outlook, rate structure of the Goods and Services Tax (GST) and easing of c...