FIBAC 2024|RBI Governor Shaktikanta Das: Balance Between Growth & Inflation Is Well Poised

RBI Governor Shaktikanta Das, speaking at FIBAC 2024, emphasized that India is maintaining a delicate balance between growth and inflation. Das expressed optimism about food inflation easing due to favorable monsoon conditions and healthy kharif sowing, which could lead to a better harvest. However, he cautioned that while the outlook seems positive, the Reserve Bank of India remains vigilant of factors that could impact inflation trends in the future. He underscored the importance of staying alert to these dynamics to ensure that the balance between economic growth and inflation remains stable.