NEW DELHI: Reserve Bank Governor Shaktikanta Das on Wednesday underlined the need for a big push to infrastructure investment, education, healthcare and digital economy to achieve sustainable growth and generate jobs in smaller cities.
“As we recover (from the pandemic), we must deal with the legacies of the crisis and create conditions for strong, inclusive and sustainable growth. Limiting the damage that the crisis inflicted was just the first step; our endeavour should be to ensure durable and sustainable growth in the post-pandemic future,” Das said.
The governor made these comments while speaking at the 48th AIMA National Management Convention through video conferencing. Sustainable growth, Das said, should entail building on macro fundamentals via medium-term investments, sound financial systems and structural reforms.
“Towards this objective, a big push to investment in healthcare, education, innovation, physical and digital infrastructure will be required. We should also continue with further reforms in labour and product markets to encourage competition and dynamism, and to benefit from the pandemic induced opportunities,” he said. In addition, the warehouse and supply-chain infrastructure will be critical to bolstering value addition and productivity in the agriculture and horticulture sector, Das said, adding this will create employment opportunities in semi-urban and rural areas and promote inclusive growth.
هذه القصة مأخوذة من طبعة September 23, 2021 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 23, 2021 من Millennium Post Delhi.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
‘Would like Sangharsh to get sequel’
‘It was definitely a tough shoot, says Preity Zinta
Ancelotti keeps Lunin in goal for Madrid in 2nd leg of semi-final
Real Madrid coach Carlo Ancelotti is not taking any chances in goal for the second leg of the Champions League semifinal against Bayern Munich on Wednesday, keeping Andriy Lunin as the goalkeeper despite Thibaut Courtois' return from injury last weekend.
McGurk, Porel and spinners keep Delhi Capitals afloat in IPL
Delhi Capitals earned a hard-fought 20-run win over Rajasthan Royals to technically stay alive in the IPL play-offs race as home spinners Axar Patel and Kuldeep Yadav played a key role in the team's victory in the must-win contest here Tuesday.
Toy exports marginally down at $152.34 mn in 2023-24, need strategy to push it: Report
The country’s toy imports, however, increased to 64.92 million in 2023-24 from 62.37 million in 2022-23
Sebi rejects NSE’s plan to extend trading hours
Capital markets regulator Sebi has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community.
Med-tech sector: Govt and industry should work together to reduce import dependence’
‘The PLI scheme for medical devices has played a stellar role in the growth of the segment’
FMCG industry sees 6.5% volume growth in March qtr: NielsenIQ
Both food non-food sectors contributed to growth in consumption in Q1 of 2024, but non-food saw almost double growth as against food
IGL Q4 net profit up 16% to ₹382.80 cr
For full fiscal 2023-2024, net profit soared 21% to Rs 1,748.08 crore
Putin begins his 5th term as Russian President
Vladimir Putin began his fifth term Tuesday as Russian leader at a glittering Kremlin inauguration, setting out on another six years in office after destroying his political opponents, launching a devastating war in Ukraine and concentrating all power in his hands.
‘Patna most vulnerable to floods in India’
Ganga basin, with its high population, faces worrisome flood risks, with 17 of the 30 high-risk districts located here