India cannot risk another bout of inflation, says RBI Governor Shaktikanta Das

RBI Governor Shaktikanta Das emphasized that India cannot afford another bout of inflation, highlighting the central bank’s commitment to maintaining price stability. Speaking at a recent event, Das pointed out that inflation control is crucial for sustainable economic growth and financial stability. He stressed the importance of coordinated efforts between the government and the RBI to manage inflationary pressures. Das also mentioned that the RBI is closely monitoring global economic developments and their potential impact on domestic inflation. The central bank’s proactive measures aim to ensure that inflation remains within the target range, thereby supporting economic recovery and growth. The governor’s remarks underscore the RBI’s vigilance in addressing inflation risks and its readiness to take necessary actions to maintain price stability1.