Economy at doorstep of recovery, says RBI guv

The Indian economy is at the “doorstep of revival” and both the govt and the RBI are maintaining an accommodative stance, according to RBI governor Shaktikanta Das. An accommodative stance means being prepared to provide all the funds required to support growth. The statement comes a fortnight after he forecast that economy would break out of contraction in the fourth quarter.

from Times of India https://ift.tt/31uCOAp