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5 tweets by new RBI governor Shaktikanta Das will tell you what he thinks about India's economic issues

The new RBI governor will have a three-year term in his new office.

DNA Web Team | Dec 12, 2018, 09:44 AM IST

1.1. Macro economic data

1. Macro economic data
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"India’s macro economic numbers are its biggest insurance against global uncertainties. These numbers need to be further strengthened. Deficit and debt targets should continue to be main focus", he tweeted. 

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2.2. Ease of doing business

2. Ease of doing business
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"Ease of doing business extremely relevant for private investment,growth and job creation.Pipeline measures will aid this process further."

 

3.3. Insolvency and Bankruptcy Code(IBC)

3. Insolvency and Bankruptcy Code(IBC)
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"Good to see resolution of companies/bank loans through Insolvency and Bankruptcy Code(IBC). IBC marks a paradigm shift in our banking sector. Will ensure greater transparency and accountability. Was part of its drafting,enactment and implementation. Feel satisfied.(sic)"

4.4. On a successful 1 year of GST rollout

4. On a successful 1 year of GST rollout
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"GST completes one year. Stabilisation of a huge tax reform in record time. Other countries took longer. Reduction in GST rates for many items in the 1st year is unique. Robust growth in revenue collections in coming years will make a case for further rationalisation of tax rates."

5.5. On worries of possiblity of global trade war

5. On worries of possiblity of global trade war
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"Tariff skirmishes between large economies are a matter of concern for global growth. These countries need to analyse whether it really benefits their domestic economy. Such trade issues need to be resolved through mutual engagement."

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