We have always said that we need a comprehensive policy response. We need structural, fiscal and monetary policies. But at the same time, we cannot make monetary policy decisions conditional on the actions of others, because you have a mandate which is unconditional, namely it does not depend on the actions of others.
Various 1/5  BIS central bankers' speeches  schemes and programmes of the Government, therefore, should be continued and effectively implemented. II. Challenges in the MSME sector 7. Despite the MSME sector contributing significantly to the economy, it continues to face several challenges.