” The two important variables for the policy formulation are projected inflation and the output gap. There is no clear hidebound mathematics that we must give ‘X’ weight to inflation and ‘Y’ weight to growth and form the associated policy. “


” I think that is a very important milestone in our economic history that the monetary policy is now determined through a committee process where there are both independent committee members and representation from the RBI. “


” I think that it is important that one grows a thick skin fast in this business, and I think we have done that. “


” There is little room for complacency, and it is important to guard against sporadic volatility in financial markets. “



All 4 Urjit Patel Quotes about Important in picture


The two important variables for the policy formulation are projected inflation and the output gap. There is no clear hidebound mathematics that we must give
I think that is a very important milestone in our economic history that the monetary policy is now determined through a committee process where there are both independent committee members and representation from the RBI.


I think that it is important that one grows a thick skin fast in this business, and I think we have done that.
There is little room for complacency, and it is important to guard against sporadic volatility in financial markets.