RBI optimistic about 9.5% GDP growth for FY22: Governor Shaktikanta Das
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RBI Governor Shaktikanta Das said the impact of the second wave of COVID-19 has waned by August, and economic growth will be better from the second quarter onwards on a sequential basis.
New Delhi: RBI Governor Shaktikanta Das on Thursday said many fast indicators are showing an uptick in economic activity and the Reserve Bank is quite optimistic about its 9.5 per cent GDP growth estimate for FY2021-22 at present. He said the impact of the second wave of COVID-19 has waned by August, and economic growth will be better from the second quarter onwards on a sequential basis. Speaking at a media event, Das said the RBI has decided to give more emphasis on growth because of the pandemic and operate in the 2-6 per cent inflation band set by the government for it.More Related News