No: 14th Attendants: Dr Chetan Ghatge, Professor, Indian Statistical Institute Dr. Pami Dua, Director, Delhi School of Economics Dr. Ravindra H. Dholakia, former Professor, Indian Institute of Management, Ahmedabad Dr. Michael Debabrata Patra, Executive Director Dr. Viral V. Acharya, Deputy Governor in charge of monetary policy Dr. Urjit R. Patel, Governor (Ex) The Monetary Policy Committee has drawn conclusions based on certain surveys which were used as reference for keeping the repo rate unchanged at 6.50%, and retaining the stance as calibrated tightening considering the global scenario (strenghtening US dollar, slowdown in Crude oil price & rising trade tensions) and domestic macro-economic factors. What were the essential factors there were necessary to decide whether to change the repo rate or not? Well, RBI's MPC has to consider various factors from macro angle to arrive at a point worth deciding whether to change or not and that also include...