MUMBAI: The 2022-23 budget proposals and the recent monetary policy announcements have set the tone for a durable and broad-based economic revival which has started gaining traction as the nation emerges from the third wave of the Covid-19 pandemic, according to an RBI article.
The RBI article on the 'State of Economy' also emphasised that the domestic economic situation continues to improve, the unsettled global environment notwithstanding.