Das outlines RBI’s post-Covid research reforms
Central bank has adopted “full information” system to capture economic dynamics
The Reserve Bank of India adapted its economic research function in the wake of the Covid-19 pandemic, governor Shaktikanta Das said on November 19.
Standard models, “information collection systems” and analytical frameworks were rendered “inadequate” by the pandemic, the governor said. As such, the RBI has revamped its approach to gathering information and analysing the economy.
“This involved strengthening the networks for direct collection of information from key stakeholders, greater
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