Monday, Oct 25, 2021 | Last Update : 11:14 PM IST

  India   All India  25 Mar 2021  Indian economy's revival seen 'unabated' despite infection surge: RBI governor

Indian economy's revival seen 'unabated' despite infection surge: RBI governor

REUTERS
Published : Mar 25, 2021, 2:12 pm IST
Updated : Mar 25, 2021, 2:12 pm IST

India added 53,476 infections on Wednesday, in its highest daily rise since October 23, health ministry data showed

“Our preliminary analysis shows that the growth rate next year, that is, at 10.5%, which we had given, would not require a downward revision,” Das told. (PTI file photo)
 “Our preliminary analysis shows that the growth rate next year, that is, at 10.5%, which we had given, would not require a downward revision,” Das told. (PTI file photo)

NEW DELHI: India’s revival of economic activity is expected to be “unabated”, despite a rise in coronavirus infections in many areas and 2022 growth projections might not need to be cut, the central bank chief on Thursday.

Though the surge is a matter of concern, vaccines are available, lockdowns are less stringent and preparations are better than when the pandemic began last year, said Shaktikanta Das, the governor of the Reserve Bank of India (RBI).

 

“Our preliminary analysis shows that the growth rate next year, that is, at 10.5%, which we had given, would not require a downward revision,” Das told an economics meeting in New Delhi.

India added 53,476 infections on Wednesday, in its highest daily rise since Oct. 23, health ministry data showed. It tally of 11.8 million infections ranks third worldwide, after Brazil and the United States.

Tags: rbi governor shaktikanta das, coronavirus pandemic, indian economy, revival of economic activity
Location: India, Delhi, New Delhi