In order to restart the economy reeling under the impact of the COVID-19 pandemic, the Reserve Bank of India (RBI) Governor Shaktikanta Das has made a strong case for stepping up investments in the infrastructure sector.
The RBI Governor also expressed need that both private and public sectors have to play an important role in developing infrastructure that requires huge investments. With regard to the forex rate, Das said the RBI has no fixed target for the rupee but will monitor undue volatility.
On the agriculture front, Das noted that recent agriculture reforms have opened new opportunities and the farm sector is emerging as a bright spot. Besides, he said that India needs policies for a sustained increase in farm income.