October 16, 2021
Economy

RBI Governor affirms global economy recovery from ‘indelible & unparalleled’ COVID impact

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday, September 22 said that the world is witnessing initial signs of recovery from the impact of the COVID-19 pandemic. According to the RBI Governor, the ongoing pandemic caused structural changes in the global economy and impacted the poor relatively more than others. While addressing an event he referred to the COVID-19 as a watershed event in this era. 

“It has caused widespread devastation of lives and livelihoods. There are very few parallels to this shock,” the RBI Governor said. 

Shaktikanta Das was speaking at the 48th Convention of the All India Management Association (AIMA) on September 22 while the session was titled ‘Beyond Recovery: New Rules of the Game’

COVID-19 pandemic ‘likely to leave indelible marks on world economy’: RBI Governor

Shaktikanta Das indicated that while the world is attempting…

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