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Building blocks for a sustainable future - some reflections

· Shaktikanta Das, Governor of the Reserve Bank of India (India)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, growth, investment and productivity

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· Shaktikanta Das Wiki · Reserve Bank of India WikiBuilding blocks for a sustainable future - some reflections

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
  1. The pandemic caused a severe shock.
  2. Liquidity measures could create future fragility.
  3. Sustainable growth needs strong foundations.
Solutions proposed
  1. Use rate cuts and liquidity support prudently.
  2. Unwind measures carefully.
  3. Strengthen institutions for sustainable growth.
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