Govt must continue reforms, green shoots of recovery need to sustain: RBI

Reserve Bank Governor Shaktikanta Das on Monday said that on the back of countercyclical measures undertaken by the government, structural reforms need to be continued to revive demand and support the economy.

Also, green shoots are now visible and need to be sustained to pull India out of its current slowdown.

In an interview with PTI, he said the fallout of the outbreak of novel coronavirus in China needs to be closely monitored by "every policymaker" to tailor a swift response.

While Finance Minister Nirmala Sitharaman's Budget for 2020-21 and recent steps have created a facilitating eco-system for reviving demand