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India's Growth "Exemplary" Despite Covid, Ukraine War: RBI Governor Exclusive

India's Growth "Exemplary" Despite Covid, Ukraine War: RBI Governor Exclusive

NDTV
Tuesday, August 20, 2024 11:10:05 AM UTC

India's growth has been "exemplary" despite the challenges of the last few years, including the Covid pandemic, the war in Ukraine and other global tensions, Reserve Bank Governor Shaktikanta Das has said. In an exclusive interview with NDTV Editor-in-Chief Sanjay Pugalia, Mr Das said the last five or six years have been of "great volatility". 

"The Covid crisis has led to permanent output loss in every economy across the world. This output loss is looking permanent... In India's case, the way we have come out of the crisis is exemplary... and now, the financial sector has emerged stronger," he said. 

To stay afloat in this period, the Reserve Bank has taken more than 100 measures and coordinated with the government. 

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