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The Business Standard

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September 27, 2023

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WEDNESDAY, SEPTEMBER 27, 2023
Indian economy's medium-term outlook remains uncertain - RBI Governor

Global Economy

Reuters
11 July, 2020, 12:40 pm
Last modified: 11 July, 2020, 12:44 pm

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Indian economy's medium-term outlook remains uncertain - RBI Governor

Policy responses by the central bank appear to have worked so far, but going forward the situation would need even more careful assessment

Reuters
11 July, 2020, 12:40 pm
Last modified: 11 July, 2020, 12:44 pm
FILE PHOTO: A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad, India, September 20, 2018. REUTERS/Amit Dave
FILE PHOTO: A cashier checks Indian rupee notes inside a room at a fuel station in Ahmedabad, India, September 20, 2018. REUTERS/Amit Dave

The Indian economy's medium-term outlook remains uncertain even though the country has started re-opening after over two months of a nationwide lockdown, as demand and supply shocks due to the coronavirus still loom large, the central bank governor said on Saturday.

Policy responses by the central bank appear to have worked so far, but going forward the situation would need even more careful assessment, said Reserve Bank of India Governor Shaktikanta Das.

Indian economy / medium term

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