New Delhi, Oct 21 (SocialNews.XYZ) Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday that India is at the doorstep of a revival process from the ongoing pandemic.
Speaking at an event, he said that it is very important that the financial entities have adequate capital to support growth. He noted that many of them have already raised capital while others are planning to do the same.
He said that after the pandemic is contained, the government will have to spell out a fiscal roadmap for the country.
Das further said that the fiscal measures taken by the government to deal with the pandemic have so far been well calibrated and prudent.
"The Central government has provided prudent measures to provide financial support to the weaker sections and small businesses," he said.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz