Need higher investment in health care, infrastructure for sustainable growth: Shaktikanta Das

“Our endeavour should be to ensure livable and sustainable growth in the post-pandemic future,” Mr. Das said.

Reserve Bank Governor Shaktikanta Das on Wednesday pitched for higher investment in infrastructure and reforms in labour and product markets to achieve sustainable growth post-pandemic.

Addressing AIMA National Management Convention, Mr. Das underlined the need for increased investment in health care education, digital and physical infrastructure to ensure sustainable growth and generate employment opportunities.

Noting that the pandemic has affected the poor and the vulnerable more in emerging and developing countries, Mr. Das said, “Our endeavour should be to ensure livable and sustainable growth in the post-pandemic future. Restoring the durability of private consumption, which has remained historically the mainstay of aggregate demand will be very crucial going forward”.