· Shaktikanta Das Wiki · Reserve Bank of India WikiBuilding blocks for a sustainable future - some reflections
Read full speech on bis.org ↗ContextLalit Doshi Memorial Lecture at the Y. B. Chavan Centre in Mumbai; the Reserve Bank of India keeps inflation in check and reflects on sustainable growth.
Why it mattersDas warns that pandemic-era liquidity support could create future fragility.
Problems raised
- The pandemic caused a severe shock.
- Liquidity measures could create future fragility.
- Sustainable growth needs strong foundations.
Solutions proposed
- Use rate cuts and liquidity support prudently.
- Unwind measures carefully.
- Strengthen institutions for sustainable growth.