Role of Assurance Functions in Navigating Growth and Risk (Remarks by Shri M Rajeshwar Rao, Deputy Governor, Reserve Bank of India - July 22, 2024 - delivered at BFSI Summit organized by CareEdge in Mumbai)

Webinar on “Budgetary Schemes for 2024–25 : Strengthening Justice delivery - Strengthening India” to be organised on coming Wednesday (24th July 2024)

INDIA’S REAL GDP PROJECTED TO GROW BETWEEN 6.5–7 PER CENT IN 2024-25

ECONOMIC SURVEY CONSERVATIVELY PROJECTS A REAL GDP GROWTH OF 6.5–7 PER CENT IN FY25

PREFACE OF ECONOMIC SURVEY 2023-24 CALLS FOR STEERING THE COUNTRY THROUGH MULTIPLE COMPACTS AND CONSENSUS WITH GOVERNMENTS, PRIVATE SECTOR AND ACADMIA

SUSTAINING AND ACCELERATING INDIA'S PROGRESS IN THE FACE OF EVOLVING CHALLENGES REQUIRES DEDICATED INVESTMENT IN STATE MACHINERY TO REINVENT AND REINVIGORATE ITSELF - ECONOMIC SURVEY 2023-24

INFRASTRUCTURE EXPANSION IN INDIA WITNESSES SIGNIFICANT GROWTH IN RECENT YEARS: ECONOMIC SURVEY 2023-24

INDIAN ECONOMY NEEDS TO GENERATE NEARLY 78.5 LAKH JOBS ANNUALLY IN THE NON-FARM SECTOR UNTIL 2030 TO CATER TO THE RISING WORKFORCE

INDIAN LABOUR MARKET WITNESSES IMPROVEMENT IN LAST SIX YEARS WITH THE UNEMPLOYMENT RATE DECLINING TO 3.2 PER CENT IN 2022-23

STELLAR PERFORMACE OF INDIA’s BANKING AND FINANCIAL SECTOR AMIDST GLOBAL HEADWINDS

INDIA’S EXTERNAL SECTOR SHOWS RESILIENCE AMIDST GEOPOLITICAL HEADWINDS

GOVERNMENT'S PRUDENT MONETARY & TRADE POLICY SUPPORTED BY STRONG OUTPUT GROWTH REDUCES RETAIL INFLATION TO A FOUR-YEAR LOW OF 5.4% IN FY24

INDIAN AGRICULTURE SECTOR IS A SUCCESS STORY: ECONOMIC SURVEY 2023-24

GROSS CAPITAL FORMATION (GCF) OF AGRICULTURE SECTOR GROWS AT THE RATE OF 19.04 PER CENT IN 2022-23: ECONOMIC SURVEY

AGRICULTURE SECTOR HAS REGISTERED AN AVERAGE ANNUAL GROWTH RATE OF 4.18 PER CENT OVER THE LAST FIVE YEARS : ECONOMIC SURVEY

ALLIED SECTORS OF INDIAN AGRICULTURE HAV EMERGED AS PROMISING SOURCES FOR IMPROVING FARM INCOMES: ECONOMIC SURVEY

9.5 PERCENT GROWTH IN INDUSTRIAL SECTOR

GOVERNMENT SOCIAL SECTOR SPENDING SHOWS RISING TREND SINCE 2016, STATES ECONOMIC SURVEY 2023-24

EXPENDITURE ON SOCIAL SERVICES INCREASED FROM 6.7 % OF GDP IN 2017-18 TO 7.8 % of GDP IN 2023-24

HEALTH SECTOR VITAL FOR RESILIENT ECONOMY, STATES ECONOMIC SURVEY 2024

HEALTHCARE BECOMES MORE AFFORDABLE AND ACCESSIBLE OVER THE PAST FEW YEARS

ECONOMIC SURVEY 2024 ADDRESSES MENTAL HEALTH AT THE ECONOMIC LEVEL FOR THE FIRST TIME EVER

218.8 PER CENT INCREASE IN THE BUDGET FOR WELFARE AND EMPOWERMENT OF WOMEN FROM FY14 TO FY25

FEMALE LABOUR FORCE PARTICIPATION RATE (LFPR) ROSE TO 37 PER CENT IN 2022-2023 FROM 23.3 PER CENT IN 2017-2018

NEP 2020 PREPARES YOUTH TO TAKE ON CHALLENGES AND OPPORTUNITIES EMERGING FROM A KNOWLEDGE-DRIVEN ECONOMY OF 21ST CENTURY

TOTAL ENROLMENT IN HIGHER EDUCATION INCREASES TO NEARLY 4.33 CRORE IN FY22 FROM 3.42 CRORE IN FY15, AN INCREASE OF 26.5 % SINCE FY15

NEW SKILLING INITIATIVES AND REVAMPING THE EXISTING ONES SHOULD CONTINUE TO BE OF HIGH PRIORITY TO THE GOVERNMENT–ECONOMIC SURVEY 2023-24

SHARE OF MSMEs IN MANUFACTURING OUTPUT STANDS AT 35.4 PER CENT.

DEREGULATION OF MSME SECTOR CRUCIAL: ECONOMIC SURVEY 2023-24

NUMBER OF PATENTS GRANTED CROSS 1 LAKH IN FY 23-24

SERVICES SECTOR CONTINUES TO CONTRIBUTE SIGNIFICANTLY TO INDIA'S GROWTH, ACCOUNTS FOR ABOUT 55 PER CENT OF TOTAL SIZE OF THE ECONOMY IN FY24

INDIA’S SERVICES LANDSCAPE WITNESSES RAPID TECHNOLOGY DRIVEN TRANSFORMATION IN DOMESTIC SERVICES DELIVERY AND DIVERSIFICATION OF EXPORTS

2.63 CRORE HOUSES CONSTRUCTED FOR POOR IN LAST NINE YEARS IN RURAL AREAS

ADOPTING BUILDING INFORMATION MODELLING (BIM) TO REDUCE PROJECT DELAYS, CONSTRUCTION COSTS AND SYSTEMIC INEFFICIENCIES: ECONOMIC SURVEY 2023-24

INDIA’S POWER GRID EMERGES AS ONE OF THE LARGEST UNIFIED ELECTRICITY GRIDS IN WORLD: ECONOMIC SURVEY 2023-24

DESPITE BEING ONE OF THE FASTEST-GROWING ECONOMIES IN THE WORLD, INDIA’S ANNUAL PER CAPITA CARBON EMISSION IS ONLY ABOUT ONE-THIRD OF THE GLOBAL AVERAGE

INDIA NEEDS TO LOOK AT CLIMATE CHANGE FROM THE ‘LOCAL LENS’, INSTEAD OF ‘ONE SIZE FITS ALL’ PRESCRIPTIONS FROM THE WEST

Current Issues in the Indian Banking and Financial Sector (Inaugural Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - July 19, 2024 - at the Financial Express Modern BFSI Summit, Mumbai)

Growth projection: India's real GDP set to expand, underpinned by prudent macroeconomic policy and structural reforms. Economic Survey 2023-24 projects sustained real GDP growth supported by prudent macroeconomic, trade and monetary policies that lowered retail inflation and preserved financial sector resilience. It highlights infrastructure expansion, unified power grid development, and capital formation in agriculture as supply-side enablers. The Survey stresses employment generation, rising female labour force participation, skilling and education reforms, MSME deregulation, services-sector transformation, and increased social-sector spending-including health and women's welfare-while advocating locally calibrated climate action and technological adoption to improve delivery and efficiency.