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Indian economy recovering at an unexpected pace: RBI

Dec 24, 2020 14:11 IST

As economic activities gather momentum and strive to get back to pre-Covid levels, the Reserve Bank of India has said that India is reflating at a pace higher than most predictions.

The monthly bulletin of the central bank for December said that more evidence has emerged since the last bulletin which shows that the Indian economy is coming out of the Covid-induced slowdown.

It noted that economic conditions continued to improve through November 2020 on the back of the uptick in agriculture and manufacturing activity.

 

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