The current wave of Corona has no effect on the economy- RBI

RBI Governor Shaktikanta Das has given a statement about the growing cases of Corona in the country and its impact on the economy. He assured that the current wave of Covid will not affect the Indian economy and the pace of growth will continue.

The RBI governor has also ruled out the possibility of a lockdown in the country again due to Corona.

Indian economy will gain strength

This statement of RBI Governor Shaktikanta Das came at a time when the number of states of Corona in the country has been increased strictly through lockdown and night curfew in the cities of many states.

According to PTI, while speaking at the Times Network India Economic Conclave, RBI Governor Shaktikanta Das said that the country’s economic activities should continue to improve and that there is no need to reduce RBI’s 10.5 per cent growth estimate for the financial year 2021-2022.

RBI Governor Shaktikanta Das has ruled out the possibility of a lockdown in the country amid rising cases of corona infection in the country’s financial capital Mumbai.

RBI serious on cryptocurrency

Speaking on the issue related to cryptocurrency, Shaktikanta Das said that, we have made the government aware of our concerns on this subject, it is currently under investigation. According to PTI, the RBI governor said that there is no difference of opinion between the government and the Reserve Bank on the subject of cryptocurrency. Shaktikanta Das said that in this regard, the Reserve Bank is assessing its concerns regarding financial stability.

At the same time, the RBI governor said that there is no dispute between the Reserve Bank and the bond market. He also said that the central bank will ensure that the rupee remains stable.

On the other hand, regarding the privatization of banks by the government, the Governor of the Reserve Bank said that, in this regard, talks are going on with the RBI government.