Next Year Budget to Be Prudent and Growth Oriented, Says RBI Governor Shaktikanta Das
4 years ago

Next Year Budget to Be Prudent and Growth Oriented, Says RBI Governor Shaktikanta Das

News 18  

With the Budget-making exercise in full swing, RBI Governor Shaktikanta Das on Friday said Budget 2021-22 is expected to be prudent and growth oriented. So, the budget next year also I expect to be very prudent but naturally, it has to be a growth oriented budget. While unveiling fifth bi-monthly monetary policy review, Das said the economy is recuperating faster than anticipated and growth rate is likely to turn positive in the second half of the current financial year. In the year as whole, the economy is likely to contract by 7.5 per cent, which is an improvement over Reserve Bank’s previous projection of 9.5 per cent contraction, the Governor said.

Economy Growth Cent Das Rbi Governor Oriented Budget  das  likely  growth  cent  shaktikanta  rbi  oriented  budget  prudent  governor  finance  economy  pandemic

History of this topic

Policymakers, economists pin hopes on government spending to propel economic recovery amid sluggish growth
20 hours, 5 minutes ago

Policymakers, economists pin hopes on government spending to propel economic recovery amid sluggish growth

Live Mint  

After two consecutive quarters of sluggish economic growth, policymakers and economists are banking on a turnaround in the second half of the fiscal year, driven by increased government spending, a boost from the ongoing festive season, and resilient rural consumption. Economists note that while India is expected to retain its status as the fastest-growing major economy over the next five …

RBI asks States to have sustained fiscal prudence
5 days, 2 hours ago

RBI asks States to have sustained fiscal prudence

The Hindu  

State governments contained their consolidated gross fiscal deficit within 3% of the gross domestic product and their revenue deficit at 0.2% of GDP during 2022-23 and 2023-24, the Reserve Bank of India said in its report on state finances. “In view of high debt levels, contingent liabilities and the rising subsidy burden, State government finances would benefit from the adoption …

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus
3 months ago

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus

Live Mint  

India's Finance Ministry is set to begin preparations for the 2025-26 annual budget in October, as the country's economy continues its strong performance, maintaining a 7% growth rate for the fourth consecutive year, PTI reported. The upcoming budget is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand, as per …

Need a budget that focuses on demand creation
4 months, 2 weeks ago

Need a budget that focuses on demand creation

New Indian Express  

No budget will ever satisfy everyone. The ‘dream budget’ of 1997, which brought in a slew of reforms including reduction of tax rates, liberalised import, greater freedom for foreign investors, voluntary disclosure of undeclared income and the beginning of disinvestment in the public sector, is considered to be a pinnacle of performance for a finance minister. Years later, I was …

India's budget highlights job creation, rural growth
5 months ago

India's budget highlights job creation, rural growth

China Daily  

This file photo shows Indian Prime Minister Narendra Modi addressing the media to stake claim to form the new government at the Presidential Palace in New Delhi, India on June 7. Indian Prime Minister Narendra Modi's newly formed government unveiled an annual budget on Tuesday to the Indian Parliament with a proposal to significantly increase spending for job creation and …

UP budget dedicated to Lord Ram, for 'lokmangal': UP Chief Minister Yogi Adityanath
10 months, 2 weeks ago

UP budget dedicated to Lord Ram, for 'lokmangal': UP Chief Minister Yogi Adityanath

India TV News  

The UP budget for 2024-25 is dedicated to Lord Ram and has been for "lokmangal", said Uttar Pradesh Chief Minister Yogi Adityanath. "Today's UP budget is dedicated to Lord Ram and has been for "lokmangal. This budget includes fiscal discipline along with the government's vision of safety, development, and good governance," he said. The chief minister said that the budget …

Poll posture: On the 2024 Interim Budget
10 months, 3 weeks ago

Poll posture: On the 2024 Interim Budget

The Hindu  

Finance Minister Nirmala Sitharaman’s sixth consecutive Budget speech was an election-eve, self-congratulatory report card on the economic achievements engendered by Prime Minister Narendra Modi and the two governments he has led since 2014. Echoing the Finance Ministry’s review of the economy’s performance, and stating that Mr. Modi had inherited a situation replete with ‘enormous challenges’ when he assumed office, Ms. …

Interim Budget 2024 — in campaign mode
10 months, 3 weeks ago

Interim Budget 2024 — in campaign mode

The Hindu  

Well before Finance Minister Nirmala Sitharaman rose to present the Interim Budget for 2024-25, there were indications as to what its focus would be. That has been true of this year’s Interim Budget as well, which focused on all the “welfare” schemes, in areas varying from housing to food, which have been largely attributed to the Prime Minister. For example, …

Budget may focus on welfare, infra, adhere to fisc glide path
10 months, 3 weeks ago

Budget may focus on welfare, infra, adhere to fisc glide path

Hindustan Times  

New Delhi India will meet its fiscal deficit target of 5.9% of GDP in 2023-24, and largely adhere to the envisaged glide path to bring it below 4.5% by 2025-26 on the back of robust GDP growth, buoyant tax collections, and better targeting of expenditure, officials familiar with the matter said, adding that public spending on welfare schemes and infrastructure …

Credibility has been a highlight of India’s budgets
10 months, 3 weeks ago

Credibility has been a highlight of India’s budgets

Live Mint  

As per indications, this is likely to be an interim budget, though there is no constitutional provision to present an interim budget before a general election. Even as the interim budget may be devoid of policy announcements, it is important to look at the budget from the lens of what the government would want to achieve from a fiscal policy …

Budget 2024: Government likely to maintain momentum on increasing capital expenditure
11 months ago

Budget 2024: Government likely to maintain momentum on increasing capital expenditure

India TV News  

The government is expected to maintain its focus on increasing capital expenditure in the upcoming budget, particularly in the infrastructure sector, to stimulate economic growth amid subdued private investment. Since the post-COVID period, the budget has consistently emphasised capital expenditure, leading to over 7 per cent growth in the last three years, making India the fastest-growing large economy globally. In …

Finance Ministry initiates Budgetary exercise for 2024-25
1 year, 3 months ago

Finance Ministry initiates Budgetary exercise for 2024-25

Live Mint  

.The process to prepare the interim Budget for 2024-25 by inviting inputs on expenditure from different ministries and departments has been started by the Finance Ministry, PTI reported on Monday. "Pre-budget meetings chaired by Secretary shall commence in the second week of October 2023.shall continue till around mid-November, 2023," according to the Budget Circular of the Budget Division under the …

CM asserts that 293 of the 390 Budget announcements made last year have been implemented
1 year, 10 months ago

CM asserts that 293 of the 390 Budget announcements made last year have been implemented

The Hindu  

Dismissing Opposition allegations, Chief Minister Basvaraj Bommai on Friday asserted that 293 of the 390 Budget announcements made last year had been implemented. Replying to the debate on the State Budget in the Legislative Council, the Chief Minister said 90% of the Budget expenditure would be spent by the end of this financial year. “Going by the current tax collection, …

UP Budget Expected To Touch Rs 7 Lakh Crore Mark, To Focus On Infrastructure, Agriculture, Jobs
1 year, 10 months ago

UP Budget Expected To Touch Rs 7 Lakh Crore Mark, To Focus On Infrastructure, Agriculture, Jobs

ABP News  

New Delhi: Uttar Pradesh Budget for the financial year 2023-24 will be presented in the Legislative Assembly today. Chief Minister Yogi Adityanath has said that the budget will focus on the expectations of the people and overall development. According to the sources, the budget is expected to be around Rs 7 lakh crore for the financial year 2023-24 against the …

Budget's main focus is growth; Mumbai should be liking proposals: FM
1 year, 10 months ago

Budget's main focus is growth; Mumbai should be liking proposals: FM

The Hindu  

Union Finance Minister Nirmala Sitharaman on February 4 said growth is the main focus of the Budget for FY24 presented by her recently. The Budget proposals establish both fiscal consolidation and growth, especially inclusive growth, Ms. Sitharaman said during her maiden interaction with stakeholders outside the National Capital since presenting the Union Budget on February 1. We want to sustain …

A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24
1 year, 10 months ago

A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24

The Hindu  

If budget making is a complex task, interpreting the Union Budget can be hazardous given the amount of fine print that one has to pore over. Finance Minister Nirmala Sitharaman’s fifth Budget, and the current Bharatiya Janata Party-led government’s final full-fledged one before next year’s general election, ticks all the right boxes on the face of it. Terming it the …

Budget 2023 | On the right course: A growth-oriented Budget: Keki Mistry
1 year, 10 months ago

Budget 2023 | On the right course: A growth-oriented Budget: Keki Mistry

The Hindu  

The Union Budget is one of the most anticipated annual events, where India has consistently embarked on numerous reforms bringing about structural changes. In my opinion, the Finance Minister this year rightly focussed on key factors that align with the larger vision of the government: boosting economic growth, employment generation, encouraging savings and investments, and fiscal consolidation. The government needs …

Budget 2023 | Nirmala Sitharaman announces fund to encourage agri-startups
1 year, 10 months ago

Budget 2023 | Nirmala Sitharaman announces fund to encourage agri-startups

The Hindu  

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2023-24, announced the setting up of an agriculture accelerator fund to encourage agri-startups by young entrepreneurs in rural areas. Talking about the need to develop digital infrastructure to aid the agriculture sector in the country, Ms. Sitharaman said that digital public infrastructure for agriculture will be built as an ‘open source, …

Budget 2023. Economists Expect Budget To Focus On Strengthening Manufacturing, Creating Jobs: Report
1 year, 10 months ago

Budget 2023. Economists Expect Budget To Focus On Strengthening Manufacturing, Creating Jobs: Report

ABP News  

In just two days Budget 2023 will be presented in the Lok Sabha. According to the survey, the majority of economists expect this Budget "to steer clear of populist measures and focus on strengthening manufacturing and creating jobs." According to HSBC Holding Plc’s chief India economist Pranjul Bhandari, the nation’s path to fiscal consolidation will require a herculean effort. The …

DC Edit | Madam FM, pursue growth above all
1 year, 10 months ago

DC Edit | Madam FM, pursue growth above all

Deccan Chronicle  

The annual pre-Budget halwa has been cooked, served and eaten; and by all means looked delicious. There are three major contexts that would matter most to the maximum number of people and the country would expect that finance minister Nirmala Sitharaman backs and puts money where politically Prime Minister Narendra Modi is most committed to — increase purchasing power of …

Budget This Year To Follow Spirit Of Earlier Ones, Says FM Nirmala Sitharaman
2 years ago

Budget This Year To Follow Spirit Of Earlier Ones, Says FM Nirmala Sitharaman

ABP News  

Finance Minister Nirmala Sithataman on Friday indicated that her forthcoming Budget will continue to push growth on the back of public spending as she said it will "follow the spirit" of earlier Budgets. In the Budget, the finance minister had raised capital expenditure by 35.4 per cent for the financial year 2022-23 to Rs 7.5 lakh crore to boost demand, …

Budget this year to follow spirit of earlier ones: Sitharaman
2 years ago

Budget this year to follow spirit of earlier ones: Sitharaman

The Hindu  

Finance Minister Nirmala Sithataman on December 16 indicated that her forthcoming Budget will continue to push growth on the back of public spending as she said it will "follow the spirit" of earlier Budgets. In the Budget, the Finance Minister had raised capital expenditure by 35.4% for the financial year 2022-23 to ₹7.5 lakh crore to boost demand, while the …

Nirmala Sitharaman says budget to address growth, inflation concerns
2 years, 2 months ago

Nirmala Sitharaman says budget to address growth, inflation concerns

The Hindu  

Faced with twin challenges of slowing growth rate and high inflation, Finance Minister Nirmala Sitharaman on October 12 said her budget for the next financial year will be ‘very carefully structured’ to help the economy sustain growth momentum and rein in prices. Almost all institutional and private forecasters have cut their projections for India’s GDP growth in the current 2022-23 …

Who spent what in FY22: A study of ministry expenditures
2 years, 10 months ago

Who spent what in FY22: A study of ministry expenditures

Live Mint  

After failing to use up their full budget allocations in the first pandemic year, central ministries are back on track in terms of expenditure patterns in the fiscal year 2021-22, shows spending data released on Tuesday. Spenders spend big Overall, fund utilisation levels in the high-spending ministries have been better in 2021-22. Last year, several of the 10 top-spending ministries …

Budget 2022 is impactful & visionary, says US-India trade networking body
2 years, 10 months ago

Budget 2022 is impactful & visionary, says US-India trade networking body

India Today  

Finance Minister Nirmala Sitharaman has been able to once again come up with an impactful and visionary budget which is “balanced, fiscally prudent and growth-oriented” in the midst of the third wave of Covid-19, the USA-India Chamber of Commerce said. It also paves the way for post-pandemic longer-term restructuring of the Indian economy,” Karun Rishi, president of Boston-based USA India …

Union Budget 2022: Will Nirmala Sitharaman address India's job crisis, inflation woes?
2 years, 10 months ago

Union Budget 2022: Will Nirmala Sitharaman address India's job crisis, inflation woes?

India Today  

All eyes are on Finance Minister Nirmala Sitharaman who will present the Union Budget 2022 at 11 am. Inflation, growing unemployment and economic slowdown due to the third wave of the coronavirus pandemic are some key challenges that experts expect the government to address in Budget 2022. Experts are optimistic that the government will extend credit relief to MSMEs and …

Budget 2022: India to lay out plan for keeping world’s fastest-recovery going
2 years, 10 months ago

Budget 2022: India to lay out plan for keeping world’s fastest-recovery going

Live Mint  

India is set to present an annual budget topping $500 billion Tuesday, in one of its most keenly watched economic events seen pivotal to sustaining the nation’s recovery from pandemic-induced disruptions. While the fiscal deficit forecast is narrower than the 6.8% gap targeted for the current fiscal year, it’s far wider than the shortfall seen in pre-pandemic years. Higher spending …

For the Union Budget, the priorities and challenges
2 years, 11 months ago

For the Union Budget, the priorities and challenges

Hindustan Times  

The 2022 Union Budget will be presented as India completes two tumultuous years of the Covid-19 pandemic and the attendant economic slowdown. The Centre for Economic Data and Analysis at Ashoka University discussed Pew Research Centre’s estimates for India, which showed that the country’s middle-income population shrunk by 32 million. This context to the 2022 budget reinforces the point that …

‘Time not ripe for fiscal consolidation’
3 years, 4 months ago

‘Time not ripe for fiscal consolidation’

The Hindu  

The time is not yet ripe for fiscal consolidation, and deeper reforms will be undertaken as soon as the impact of the COVID-19 pandemic is overcome, Finance Minister Palanivel Thiaga Rajan said on Friday. “An effective Samadhan Scheme will be launched to clear the pending dues of ₹28,000 crore under the Tamil Nadu Value Added Tax and other legacy legislation.” …

FY22 growth estimate of 10.5% need not be revised: RBI Governor
3 years, 8 months ago

FY22 growth estimate of 10.5% need not be revised: RBI Governor

India TV News  

Showing confidence on India economic recovery, Reserve Bank of India Governor Shaktikanta Das said that the growth projection of 10.5 per cent for the next financial year would not have to be revised given the strong economic recovery of the country. Speaking at the India Economic Conclave, Das said that now the world knows the dangers of the Covid-19 pandemic …

Post coronavirus pandemic Budget will be promising, says Telangana CM
3 years, 9 months ago

Post coronavirus pandemic Budget will be promising, says Telangana CM

Business Standard  

Telangana Chief Minister Chandrashekar Rao has hinted that the 2021-2022 state annual Budget would be promising while adding that Budget Session of the Telangana Legislature might take place in the middle of this month. The CM said the Centre appreciated the Sheep distribution policy and it also recognized that the Telangana state is progressing to become the most Sheep populated …

Union budget focuses on spending to boost economic growth, strengthen health sector: Prasad
3 years, 10 months ago

Union budget focuses on spending to boost economic growth, strengthen health sector: Prasad

India TV News  

Union Minister Ravi Shankar Prasad on Saturday said the central budget for 2021-22 fiscal has focused on spending to build infrastructure and boost the economic growth of the country. Prasad said the budget should be seen in the context of the COVID-19 pandemic and the announcement of Rs 27 lakh crore Atma Nirbhar Bharat scheme. He also said the allocation …

Repo Rate Unchanged at 4%, GDP Growth Projected at 10.5% for FY22
3 years, 10 months ago

Repo Rate Unchanged at 4%, GDP Growth Projected at 10.5% for FY22

The Quint  

The central bank governor also said the outlook on growth is turning positive, with the signs of recovery strengthening further. The movement of goods and people and domestic trading activities are growing at a robust pace," he was quoted as saying, going on to assert that the in next fiscal, one can expect the damage inflicted by the pandemic on …

The budget got its growth focus right but challenges still remain
3 years, 10 months ago

The budget got its growth focus right but challenges still remain

Live Mint  

The budget has struck while the iron is hot, both on reforms and the fiscal math. The budget then did what would have been unthinkable had the pandemic not occurred—veer off the Fiscal Responsibility and Budget Management path by as much as 3.8 percentage points for next fiscal, almost double the budgeted borrowing, and altogether redraw the path of fiscal …

Industry Experts Hail Budget 2021 As Nirmala Sitharaman's Team Talks About Way Forward
3 years, 10 months ago

Industry Experts Hail Budget 2021 As Nirmala Sitharaman's Team Talks About Way Forward

News 18  

Day after the Union Budget 2021, industry experts during the CNBC-TV 18 Budget Town Hall called it a success. Meanwhile, the team behind the budget — Ajay Bhushan Pandey, Secretary, Finance and Tarun Bajaj, Secretary, Economic Affairs, Debashish Panda, Secretary of Financial Services and Tuhin Kanta Pandey, Secretary DIPAM talked about why the growth and tax targets are realistic and …

Chandrajit Banerjee | Game-changer that will help enable growth with inclusion
3 years, 10 months ago

Chandrajit Banerjee | Game-changer that will help enable growth with inclusion

Deccan Chronicle  

Finance minister Nirmala Sitharaman has presented the Union Budget 2021-22 amidst extraordinarily difficult times created by the Covid-19 pandemic. Further, the disinvestment roadmap, asset monetisation, ensuring simplification, predictability and stability in tax policy, financial sector reform and inclusion, promoting the ease of doing business, steps to increase India’s involvement in global value chains and measures to facilitate innovation, among others, …

Will budget 2021-22 spur growth?
3 years, 10 months ago

Will budget 2021-22 spur growth?

Hindustan Times  

The 2021-22 budget, on the face of it, has given a massive fiscal boost to the economy. This takes the share of central government capital expenditure in India’s GDP to 2.48% in 2021-22, the highest since 2015-16, the earliest period for which capital spending data is available at the Centre for Monitoring Indian Economy’s database. In keeping with the targets …

Budget 2021: Blueprint for economic recovery; will make India attractive for investments
3 years, 10 months ago

Budget 2021: Blueprint for economic recovery; will make India attractive for investments

Firstpost  

The country was waiting with bated breath for a Budget that could serve as a blueprint for the recovery of the economy. On the direct tax front, reduction of timelines for re-opening assessments from six years to three years for cases not involving serious evasions will provide peace of mind for businesses and individuals. Further, the government has put an …

With Bold Position on Fiscal Deficit, This is Not a One-off, Flash-in-the-Pan Budget
3 years, 10 months ago

With Bold Position on Fiscal Deficit, This is Not a One-off, Flash-in-the-Pan Budget

News 18  

The Union Budget 2021 announced by Finance Minister Nirmala Sitharaman in Parliament on Monday is, by most measures, an absolutely pathbreaking budget. The ability of the Central government to take a bold position on fiscal deficit is praiseworthy and in alignment with the national aspirations for a growth-inducing expenditure on health and livelihoods. The Covid-19 pandemic has been used as …

Highlights: Budget will drive economic revival post Covid-19, says India Inc
3 years, 10 months ago

Highlights: Budget will drive economic revival post Covid-19, says India Inc

Hindustan Times  

Finance minister Nirmala Sitharaman presented her third Budget, the Budget which was like never before, in Parliament on Monday. This was the first digital Budget presentation, where the finance minister read out the speech from a tab, made in India. The Budget allocated ₹35,000 crore for Covid-19 vaccines Prime Minister Narendra Modi, defence minister Rajnath Singh, home minister Amit Shah …

Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P
3 years, 10 months ago

Budget 2021 LIVE: Budget is a shot in the arm for Indian economy, says S&P

Business Standard  

Addressing the nation after the Budget presentation, Prime Minister Narendra Modi said this year's Budget was prepared under unprecendented circumstances. It's an active and not a reactive budget," he added, congratulating Finance Minister Nirmala Sitharaman and her team. Finance Minister Nirmala Sitharaman presented her third Union Budget in Parliament, which rests on six pillars – health and well-being, physical, financial …

Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts
3 years, 10 months ago

Budget 2021 will be starting point for economic recovery after COVID-19 pandemic, say experts

Firstpost  

New Delhi: Finance Minister Nirmala Sitharaman on Monday will deliver her promised Budget like no other that is expected to provide relief to the pandemic-hit common man as well as focus more on driving the economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours. Higher capital expenditure outlay for the National Infrastructure Pipeline programme …

Union Budget 2021: Why stakes are high in FM Sitharaman's 'budget like never before'
3 years, 10 months ago

Union Budget 2021: Why stakes are high in FM Sitharaman's 'budget like never before'

India Today  

All eyes will be on Finance Minister Nirmala Sitharaman as she gets ready to announce the Union Budget 2021 on February 1 amid huge public expectations in the wake of Covid-induced economic crisis. As former RBI Governor and top economist, Raghuram Rajan, said, this year’s budget plan will depend on prioritisation as the government is expected to spend more for …

Budget 2021: Govt Should Set Stage for Unleashing Economic Growth for Decades to Come
3 years, 10 months ago

Budget 2021: Govt Should Set Stage for Unleashing Economic Growth for Decades to Come

News 18  

The Union Budget of 2021 must look beyond revenue and expenditure estimates for the next year. In the short term, all four engines of economic growth – consumption, investments, government expenditure and exports – need to fire at full throttle. This year’s Budget provides an excellent opportunity to rid India of its credit malaise by selling the government’s equity stake …

What India expects from Budget 2021
3 years, 10 months ago

What India expects from Budget 2021

India TV News  

With the world's biggest vaccination drive launched in India, hopes have soared that the Covid-19 pandemic will become a thing of the past and the country will move ahead to achieve the $5 trillion economy target by 2024. Though the task is cut out for Union Finance Minister Nirmala Sitharaman to meet the challenges and bolster the economy accordingly presenting …

Reviving growth: Government needs to do a fine balance in Budget on Feb. 1
3 years, 10 months ago

Reviving growth: Government needs to do a fine balance in Budget on Feb. 1

Deccan Chronicle  

With economic activity resuming and the vaccine becoming a reality, the challenge of lives versus livelihoods is largely addressed. Supporting economic recovery and growth via greater public expenditure as well as ensuring prudent fiscal management to safeguard macro-economic stability is an immediate concern the Budget must address. Therefore, the government must hike its infrastructure spend by one per cent of …

COVID-19 impact: In a first since 1947, Union Budget documents not to be printed this year
3 years, 11 months ago

COVID-19 impact: In a first since 1947, Union Budget documents not to be printed this year

Firstpost  

All Members of Parliament will get soft copies of the budget and Economic Survey that contains an account of the state of the economy New Delhi: The voluminous Budget documents will not be printed this year following the COVID-19 protocol and will instead be distributed electronically to the Members of Parliament. This will be the first time since the presentation …

Budget 2021: 3 expectations from Nirmala Sitharaman
3 years, 11 months ago

Budget 2021: 3 expectations from Nirmala Sitharaman

India Today  

All eyes are on the upcoming budget for the next financial year as India looks to recover from the economic devastation caused by the coronavirus pandemic in 2020-21. However, expecting a lavish budget A few days ago, Finance Minister Nirmala Sitharaman promised a budget like “never before”, indicating that the government is set to take difficult steps required to boost …

India at ’doorstep of revival process’ from COVID-19: RBI chief Shaktikanta Das
4 years, 2 months ago

India at ’doorstep of revival process’ from COVID-19: RBI chief Shaktikanta Das

Live Mint  

India is "at the doorstep of the revival process" from the coronavirus pandemic, Reserve Bank of India governor Shaktikanta Das said on Wednesday. "It's very important that the financial entities have adequate capital," Das said at the launch of NK Singh’s book, 'Portraits of Power: Half a Century of Being at Ringside'. "I think post COVID, once there is containment …

Discover Related