<h1>RBI Deputy Governor Highlights Global Productivity Challenges at Asia KLEMS Conference; Calls for Policy Interventions to Boost Growth.</h1> The Deputy Governor of the Reserve Bank of India addressed the Sixth Asia KLEMS Conference, highlighting global productivity trends and challenges. He noted a global economic slowdown since 2010, exacerbated by demographic changes, financial crises, the pandemic, and geopolitical tensions. This slowdown affects both advanced and emerging economies, with potential growth rates declining. Despite technological advancements, productivity growth remains sluggish due to factors like mismeasurement, uneven technology adoption, and structural issues. The address emphasized the need for comprehensive policy interventions focusing on technological capital, innovation, and skill development to reignite productivity growth, especially in emerging markets.