Kopar Khairane
Buisness

RBI chief honored with ‘Governor of the Year’ award, London Central Banking honored

Reserve Bank of India (RBI) Governor Shaktikanta Das has been awarded the ‘Governor of the Year’ award. This honor has been given by the London Central Banking to the governor of the country’s central bank. Shaktikanta Das has taken many big decisions after taking over as the governor of the Reserve Bank. Recently, he has taken a big decision to make two thousand rupee notes out of circulation. At the same time, he has played a very commendable role in dealing with inflation in the midst of volatility in the global markets. Even during the Corona crisis, he had won the accolades of the people with his decisions. During that time he had instructed the banks to give exemption in EMI for a few months.

Earlier on Tuesday, Reserve Bank Governor Shaktikanta Das had said in the opening address given at the summer meetings organized by Britain’s Central Banking in London that the process of controlling inflation will be slow and long and the inflation target of 4 percent in the medium term. aims to achieve.

He said that given our population and the huge increase in the workforce every year due to the ‘demographic dividend’, we cannot remain oblivious to the developmental concerns. Hence, we prioritized growth even during the pandemic years. Inflation remained above the target during this period, but remained within the tolerance band. The RBI governor said that the fight against inflation is on. Reserve Bank of India Governor Shaktikanta Das said in recent days central banks had to use all their options and change policies to provide stimulus to pandemic-ravaged economies and fight inflation.

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