RBI Governor Shaktikanta Das has said that there are signs that the world is emerging from the shadow of coronavirus. While delivering the keynote address at the 48th National Management Convention of the All India Management Association ( AIMA ), Mr. Das said the time is right to plan for an economy that is stronger, more inclusive and sustainable.
Stating that the pandemic has induced several structural changes which have significantly altered the way we work, live and organize businesses. With the greater shift to work from home, technology has gained the potential to boost productivity, by saving on travel time, boosting sales on online platforms and accelerating the pace of automation. As a result, consumption pattern is changing and companies are resetting their supply chains both globally as well as locally. These changes will have wider ramifications for the economy.