New Delhi: The government can take some important steps to bring life to the economy that is suffering due to Corona epidemic. Reserve Bank of India (RBI) Governor Shaktikanta Das held a press conference today. RBI Governor Shashikant Das said that in the midst of Corona crisis, the bank is keeping an eye on all the situations, decisions are being taken at every step.
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He said that at present, more than 150 officers are working continuously despite quarantine and are ready to deal with every situation. Shaktikanta Das said that the IMF has predicted that the biggest recession in the world is coming, which is a bell of danger. There has been a huge decline in imports and exports in many countries. He said that due to the Corona crisis, India's GDP will grow at a rate of 1.9, India's position is better than other G20 countries.
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He said the world is estimated to lose $ 9 trillion due to corona and lockdown. But when the corona phase is over, India's GDP will once again grow with a speed of more than 7. Shaktikanta Das said that even in the midst of this disaster, the agricultural sector is sustainable, we have buffer stock. He said that monsoon rains are expected to be good this year, there was a good increase in tractor sales in February.
