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Growth outlook better but risks remain: Shaktikanta Das

Nov 28, 2020 - The Economic Times

Central bank governor Shaktikanta Das said India's growth outlook has improved through phase-wise relaxations after the lockdown, backed by a pace of recovery that likely exceeded initial estimates, but fresh Covid infections and demand petering out remain a threat to the broader economy."Even as the growth outlook has improved, downside risks to growth continue due to the recent surge in infections in advanced economies and parts of India," Das said at the fourth annual day celebrations of the ...