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More steps for Covid affected soon, may have to change growth forecast: RBI

These will be on top of RBI's May 5 measures, such as Rs 50,000 cr package for healthcare sector and recast of loans up to Rs 25 cr for individuals and small businesses

RBI, Reserve Bank of India
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Anup Roy Mumbai
Those hardest hit by the second wave of the pandemic have been blue-collared workers, doctors and healthcare workers, law and order and municipal personnel, individuals eking out daily livelihood, and small businesses. And there should be more measures taken to alleviate their pain, the Reserve Bank of India (RBI) said on Monday.  

The report also indicated that the RBI’s growth numbers might have to be revisited as the central bank’s real GDP growth projection of 26.2 per cent given in the MPC’s resolution of April 7 for the first quarter of 2021-22, were "made before the full fury of the