• DR. SAMIR KUMAR

The direction of monetary policy affects growth both immediately and in the future. The purpose of this research was to assess the effect of monetary policy on the Indian economy. The central bank's goal is to maintain price stability, and one way it does this is through controlling the money supply. Gross domestic product, repo rate, reverse repo rate, unemployment, foreign direct investment, and inflation are all used in the analysis. The economy of a country was shown to be entirely reliant on these characteristics. GDP was calculated using a new set of parameters. The study's overarching goal is to examine the efficiency of India's monetary policy and the effects of a few different monetary tools on the Indian economy.

Monetary Policy, Gross Domestic Product, Foreign Direct Investment, Inflation, Indian Economy.

"A STUDY OF SIGNIFICANCE OF ECONOMIC & MONETARY STRATEGY PLAN IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 10, page no.f432-f437, October-2021, Available :http://www.jetir.org/papers/JETIR2110558.pdf

"A STUDY OF SIGNIFICANCE OF ECONOMIC & MONETARY STRATEGY PLAN IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 10, page no. ppf432-f437, October-2021, Available at : http://www.jetir.org/papers/JETIR2110558.pdf