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    <title>What Forces Could Drive the Recovery? (Address by Shri Shaktikanta Das, Governor, Reserve Bank of India - September 16, 2020 - at the FICCI’s National Executive Committee Meeting)</title>
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    <description>RBI guidance stresses that post COVID recovery requires macro financial stability supported by liquidity and rate actions, and strategic structural reforms across five areas: human capital (education and health reforms and financing), productivity (private R&amp;D and innovation), exports/GVC participation (value addition and comprehensive trade agreements), tourism (integrated infrastructure, regulation and grievance redress) and food processing (value chain development, quality standards, FDI and priority sector credit). These measures call for coordinated public policy, bank financing and private sector participation to convert short term stabilization into sustainable medium term growth.</description>
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