Both private and public sectors will have to play an important role for infrastructure development: RBI

BusinessBoth private and public sectors will have to play an important role...

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Both private and public sectors will have to play an important role for infrastructure development: RBI

New Delhi: Reserve Bank of India Governor Shaktikanta Das has said that RBI has taken a strong step to increase investment in the infrastructure sector to restart the stalled economy caused by the covid-19 epidemic. He said in his address to India Inc at a CII event that both the private and public sectors would have to play an important role to develop the infrastructure.

The RBI governor said that recent agricultural reforms have opened up new opportunities. Also, Das said that the agricultural sector is emerging as an emerging sector.

He said that India needs policies for sustained increase in agricultural income. With regard to the forex rate, Das said that the RBI has no fixed target for the rupee, but will monitor undue volatility.

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