SME Times News Bureau | 21 Oct, 2020
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday
that India is at the doorstep of a revival process from the ongoing
pandemic.
Speaking at an event, he said that it is very important
that the financial entities have adequate capital to support growth. He
noted that many of them have already raised capital while others are
planning to do the same.
He said that after the pandemic is contained, the government will have to spell out a fiscal roadmap for the country.
Das
further said that the fiscal measures taken by the government to deal
with the pandemic have so far been well calibrated and prudent.
"The
Central government has provided prudent measures to provide financial
support to the weaker sections and small businesses," he said.
