The Government of India and Reserve Bank of India signed a Monetary Policy
Framework Agreement on 20th February, 2015. The objective of monetary policy
framework is to primarily maintain price stability, while keeping in mind the
objective of growth. As per the agreement, RBI would set the policy interest
rates and would aim to bring inflation below 6 per cent by January 2016 and
within 4 per cent with a band of (+/-) 2 per cent for 2016-17 and all subsequent
years. The proposed reduction in fiscal deficit to 3.9 per cent of GDP in Budget
Estimates 2015-16 is designed with a mix of reduction in total expenditure as
percentage of GDP and improvement in gross tax revenue as percentage of GDP.
Wildlife sanctuaries in Assam
Previous Bornadi Wildlife Sanctuaries A Sanctuary of only 26.22 sq. kms. area, situated on the foothills of Himalayas bordering Bhutan in the north, is an ideal bhabar tract. The Sanctuary was constituted especially for the protection and conservation of Hispid Hare and Pigmy Hog. Pabitora Wildlife Sanctuaries The Sanctuary harbours the world’s highest density of One horned Rhinoceros, located in Morigaon district, but close to Guwahati City. The habitat comprises of Assam alluvial grassland with hilly forests for an area of 38.81 sq. kms. This is also an Important Bird Area. Deepar Beel Wildlife Sanctuaries Located in the western boundary of Guwahati city, Deepar Beel Sanctuary is the only Ramsar Site in the State. It is a picturesque wetland of 4.14 sq. kms. ...
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