The Monetary Policy is announced annually by the Reserve Bank of India to ensure price stability in the economy. It involves controlling money supply, interest rates, and inflation. The RBI also announces regulations for banks, financial institutions, and other entities it governs. The Monetary Policy differs from the Fiscal Policy in that it aims to impact the economy by adjusting money supply and interest rates, while the Fiscal Policy uses government spending and taxes. The objectives of the Monetary Policy are maintaining price stability and ensuring adequate credit to productive sectors of the economy.