Rural demand and private consumption have picked up; GDP is expanding well: RBI Governor

Mumbai (Maharashtra) [India], September 5 (ANI): RBI Governor Shaktikanta Das stated that the rural demand of the Indian economy has picked up as the private consumption and investment expanded in the latest quarter GDP numbers.

Speaking at FIBAC 2024 an annual banking conference in Mumbai, Das emphasized that the latest data from the FMCG companies shows that rural demand has revived.

"Private consumption is the main sta