INSUBCONTINENT EXCLUSIVE:
RBI Governor Shaktikanta Das is confident of 9.5 per cent economic growth in 2021-22Reserve Bank of India (RBI) Governor Shaktikanta Das
said on Thursday that the central bank is positive about 9.5 per cent GDP growth estimate for the current financial year.Speaking in a media
event, Mr Das said that several economic indicators were showing upward growth due to opening up of economic activities and this gives RBI
confidence that the GDP growth will be in the estimated range in 2021-22.He said that the debilitating impact of the second wave of
Coronavirus infection was on the wane and economic growth will be better from the second quarter onwards.The central bank governor further
said that RBI has decided to focus more on growth due to the conditions created by the pandemic and will operate in the 2 per cent to 6 per
cent inflation band set by the government for it.He even indicated that RBI would like to gradually achieve the 4 per cent inflation target
over a period of time and ruled out any sustained increase in inflation.On cryptocurrencies, Mr Das said the RBI has conveyed its "serious
