The October 4 monetary policy is important because it is the first policy that comes on the back of this seminal tax cut that were announced by the government two weeks ago. To discuss how it changes the terrain for monetary policy making and for the course of the economy itself CNBC-TV18 spoke to Pronab Sen Former Chief Statistician, Sajjid Chinoy India Economist at JPMorgan, Soumya Kanti Ghosh Chief Economic Advisor at SBI, Samiran Chakraborty Chief Economist - India at Citi and Sonal Varma Chief India Economist at Nomura.