Economic activity gathering steam, but private investment missing: RBI
The vaccination programme has released pent-up optimism and there is little doubt today that a recovery based on a revival of consumption is underway, RBI said.
BusinessToday.In | March 1, 2021 | Updated 19:03 IST
With production of pulses 6 per cent higher than a year ago, inflationary pressures on the food front are set to ebb, RBI said.
The Reserve Bank of India (RBI) on Monday, March 1, said India s economic activity is gaining momentum on COVID-19 vaccination roll out and decrease in infections, but private investment is missing.
The vaccination programme has released pent-up optimism and there is little doubt today that a recovery based on a revival of consumption is underway, RBI said.