The Reserve Bank of India governor, Shaktikanta Das, said the new coronavirus, COVID-19, pandemic has adversely affected the country’s economy and the growth outlook doesn’t look good.
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Former governor of Reserve Bank of India, Urjit Patel, in his first public appearance since his abrupt exit from the central bank as its governor in December 2018, gave a presentation at Stanford University’s annual conference on Indian economic policy on June 3-4.
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Raghuram Rajan, former Reserve Bank of India governor, raised doubts about the country’s economy clocking 7% growth at a time when there are not enough jobs created and called for an impartial body to look into the numbers to restore confidence.
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Finance minister Arun Jaitley, on Tuesday, said the central government had no role in Reserve Bank of India governor Urjit Patel’s resignation and that the government did not ask him to step down from his post.
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