Covid-19: RBI Governor announces measures to tackle 2nd wave, promises more steps
India Today
The Reserve Bank of India (RBI) has announced several measures as part of a calibrated strategy to tackle the second Covid-19 wave in the country. The measures will help healthcare providers, key medical suppliers, small borrowers MSMEs and businesses. Here is all you need to know.
The Reserve Bank of India (RBI) on Wednesday announced a slew of measures to help India tackle the unprecedented Covid-19 crisis during the second wave. RBI Governor Shaktikanta Das started off his address by saying that the Indian economy was at an advantageous position after the first wave subsided in 2020 but added that the “situation has been altered drastically” in the wake of the deadlier Covid-19 wave that hit the country in April. “In a few weeks, the situation has altered drastically. New mutant strains have emerged putting pressure on healthcare. The fresh crisis is still unfolding. India has ramped up efforts to save lives.More Related News