RBI says it may take 12 years for Indian economy to overcome COVID-19 losses
Shortpedia
Content Team
Image Credit: PTI
The Indian economy is likely to take over 12 years to overcome the COVID-19 losses, according to a report released by the Reserve Bank of India (RBI) on Friday. In its report on 'currency and finance for the year 2021-22', the RBI said, the pandemic is a watershed moment and the ongoing structural changes catalysed by the pandemic can potentially alter the growth trajectory in the medium-term.
