Rajiv Ranjan has been appointed as the ex-officio member of the Monetary Policy Committee (MPC) by the Central Board of Directors of the Reserve Bank of India (RBI).
The production of Food-grains in the country is estimated at a record 314.51 million tonnes which is higher by 3.77 million tonnes than the production of food grain during 2020-21.
Increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 percent with immediate effect from 4.00% earlier.
EXAMIANS