Sustainable growth requires more investment in healthcare, infrastructure: RBI Guv

New Delhi, 22 September: Reserve Bank Governor Shaktikanta Das On Wednesday, he advocated for higher investment in infrastructure and reforms in labor and product markets to achieve sustainable growth after the pandemic. addressing to AIMA National Management ConferenceDas underlined the need to increase investment in health education, digital and physical infrastructure to ensure sustainable growth and generate employment opportunities.

given that global pandemic The poor and vulnerable are more affected in emerging and developing countries, Das said, adding, “Our endeavor should be to ensure livable and sustainable development in the post-pandemic future. Restoring the stability of private consumption, which has historically been the mainstay of aggregate demand, will be very important going forward. More importantly, sustainable development must meet macro fundamentals through medium-term investments, a strong financial system and structural reforms, he said. “To this end, a major push will be necessary for investment in healthcare, education, innovation, physical and digital infrastructure. We must continue to further reform labor and product markets to encourage competition and mobility and benefit from the pandemic.” Must have inspired opportunities,” he said.