RBI’s Gokarn on maintaining India’s recovery
Subir Gokarn, a deputy governor of the Reserve Bank of India, has highlighted the drivers and threats to the country's economic recovery.
Speaking on 24 December in his first speech as deputy governor, Gokarn noted positives such as the global economy's modest recovery, the domestic economy's recovery gaining in momentum, government borrowing being on course to meet estimates and ample liquidity.
However, he also noted that growth was skewed as it was being driven by a few sectors and government
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