By 2035, Indian Economy will overcome COVID losses: RBI

Sunday, 03 July 2022

 

 

LATEST NEWS Shri Gou Gopal Paryavaran Sammelan Police arrests 02 notorious drug peddlers in Pulwama Police Hospital Jammu celebrated National Doctor's Day One month Re-Orientation Course" for all In-Charge M.I Rooms of Armed & IR Battalions of Jammu province concludes Mansukh Mandaviya to Pharma Industry: Time to move from ‘Volume’ to “Value’ leadership to capture global market Dr. Jitendra Singh calls for promoting StarUps in "carbon neutral" building construction and linking them with industry to help India achieve 500GW non-fossil energy capacity by 2030 Dharmendra Pradhan visits IIT Hyderabad, inaugurates a slew of facilities for strengthening research, innovation and entrepreneurship Rajnath Singh dedicates to the nation new manufacturing facilities at Bharat Dynamics Limited, Bhanur Minister Rajeev Chandrasekhar visits UK PM Boris Johnson along with Startups, Unicorn Heads from India NITI Aayog releases ‘Mitigation and Management of COVID-19: Compendium of Ayush-Based Practices from Indian States and Union Territories’ Ram Chandra Prasad Sigh Exhorts NMDC to Enhance Exploration of Minerals using latest Technology and best Industry Practices Ram Chandra Prasad Singh Highlights Immense Possibilities of Utilization of Waste Generated during Mining, Steel Manufacturing Process and end of life products Punjab Chief Minister Bhagwant Mann Launches Honey Coated ‘Corn Flakes’ Produced By Markfed Uorfi Javed Shows Her Injured Neck After Sharing Her Photo In Chain Dress. Says, ‘See The After Effects’ DDC Reasi reviews developmental achievements under Capex Budget plan 2022-23 DDC reviews skill development activities in Rajouri Achieve development targets on time with tangible results on ground: DDC Rajouri DDC reviews drinking water supply scenario in Rajouri Regional Transport Authority approves e- Rickshaw permits Workshop on Establishment of New Fruit Plant Nurseries held at Maralian Horticulture department hosts training for ITI students

 

By 2035, Indian Economy will overcome COVID losses: RBI

Strong and sustainable growth can only be achieved through price stability, emphasis on which can somehow prove the saviour in coming years

RBI, Shaktikanta Das, Reserve Bank of India, Currency and Finance, Global supply Chain, Russia, Ukraine

Web Admin

Web Admin

5 Dariya News

New Delhi , 30 Apr 2022

Reserve Bank of India (RBI), reports that another 13 years would be needed to satiate the economic losses caused by the pandemic.The COVID pandemic hit the country's growth in March 2020, proving a major setback in all forms.According to the report on Currency and Finance, the actual growth rate of (-6.6) percent for 2020-2021, 8.9 percent for 2021-22 and assuming the rate of 7.2 percent for 2022-23, India is expected to overcome the losses by next 13 to 15 years.Global supply chain disruptions and surge in commodity prices due to on-going rift between Russia and Ukraine has left the economic stability in shackles.Hovering shipment bans and revised conditioning norms in trade set by at the international forums, pushed up shipment costs, revised prices have produced seismic shifts in the growth.

 

Tags: RBI , Shaktikanta Das , Reserve Bank of India , Currency and Finance , Global supply Chain , Russia , Ukraine

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD