<h1>RBI Governor Highlights Global Risks, Policy Challenges for Emerging Markets; Stresses Innovative Monetary Policies and Economic Resilience.</h1> The Governor of the Reserve Bank of India discussed global risks and policy challenges facing emerging market economies (EMEs) in 2019. Key risks include weakening global growth and trade, financial market volatility, and fluctuating oil prices. EMEs face policy challenges in implementing structural reforms amid slowing global growth. The Governor emphasized the need for innovative monetary policy approaches and managing global financial spillovers. He highlighted India's economic resilience, with projected GDP growth of 7.2% for 2019-20, low inflation, and a manageable current account deficit. The focus remains on reviving growth while maintaining macroeconomic stability.