RBI Governor Shaktikanta Das on Thursday said many fast indicators are showing an uptick in economic activity and the RBI is quite optimistic about its 9.5% GDP growth estimate for FY2021-22 at present. He said the impact of the second wave of Covid has waned by August, and economic growth will be better from the second quarter onwards on a sequential basis. Speaking at an event in Mumbai, Das said the RBI has decided to give more emphasis on growth because of the pandemic and operate in the 2-6% inflation band set by the government for it.
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