Restoring livelihoods has become an imperative, Reserve Bank of India Governor Shaktikanta Das said in his opening remarks as he addressed the media on Wednesday.
He said that the RBI will continue to monitor the COVID-19 situation in the country, and will deploy all resources under it for the benefit of citizens, business entities, and institutions affected.
The news of the unscheduled speech was shared by the RBI from its official Twitter handle. The tweet provided no details on the agenda of the speech.
India has been registering record increase in COVID-19 cases in the past weeks, with the number of total infections crossing two crore.
Two days earlier, the Confederation of Indian Industry (CII), a prominent industry lobby group, had urged the government to implement a stringent lockdown to control the situation.
(This is a developing news story)