Reserve Bank of India Governor Shaktikanta Das has come under the grip of Corona. His condition is fine at the moment. Das has said that by staying isolated at home, he will do the work of office of the office. Das says that those who have come in contact with him in the last few days should also get their corona test done so that they can be treated on time.
In the recently concluded meeting of the Monetary Policy Committee of the Reserve Bank of India, which had said about Corona, Das said that if the second wave of Corona comes, then it can have a negative effect on the economy. According to the release details of Monetary Policy Committee (MPC) meeting by RBI, Das also said that there is scope for policy rate cuts, but further steps in this direction will depend on the emerging situation on the inflation front which is currently satisfactory to the central bank. Operates above the level.
He said, ‘I believe that if inflation stays in line with our expectations, there will be scope for policy rate cuts in future. There is a need to use this scope thoughtfully to support improvement in economic growth. According to the Reserve Bank, gross inflation will moderate in the second half of the current financial year. It is expected to decrease further in the first quarter of the next financial year