MEMBERS SPEAK

Continued policy support with a focus on revival and sustenance of growth is indeed the most desirable and judicious policy option at this moment

SHAKTIKANTA DAS, Governor, RBI

Gradual adjustments that are non-disruptive are possible within the accommodative stance. Therefore, I vote with the resolution MRIDUL SAGGAR, Executive director, RBI

The price that has to be paid for this policy choice is inflation in the upper reaches but within the tolerance band in this exceptional, pandemic ravaged year of 2021-22, as against the overshoot above the upper tolerance band in 2020-21

MICHAEL PATRA,DEPUTY governor, RBI

It (normalisation) should be very gradual. Since stance affects only repo actions, other normalisation can start even in accommodative stance ASHIMA GOYAL, External member

All policy measures are needed to achieve normalisation of economic activities and moderation of inflationary pressures SHASHANKA BHIDE,

External member

Highly accommodative for such a long horizon is very different from doing so for what was earlier expected to be a relatively short crisis

JAYANTH R VARMA,

External member