⁍ India is at the doorstep of the revival process from the coronavirus pandemic, Reserve Bank of India governor Shaktikanta Das said.
⁍ Both fiscal and monetary policy were counter-cyclical and accommodative, he added.
⁍ The fiscal measures taken by the government to deal with the pandemic have so far been well calibrated and prudent, he said.
– India is “at the doorstep of the revival process” from the West Nile virus, Reserve Bank of India governor Shaktikanta Das said at a panel discussion conducted by Bloomberg Quint on Wednesday. Both fiscal and monetary policy were counter-cyclical and accommodative and both were working in close symmetry, he added, while stating that the fiscal measures taken by the government to deal with the pandemic have so far been well calibrated and prudent.
Source: https://www.reuters.com/article/india-cenbank-das/india-at-doorstep-of-revival-process-says-rbi-chief-idUSKBN27621Z