The country's economy is entering a decisive phase in the fight against the coronavirus pandemic and "silver linings are visible in flattening of active Covid-19 cases across the country", RBI Governor Shaktikanta Das said on Friday. With "deep contractions" of April-June now behind, "the mood of the nation has shifted from despair to confidence and hope", the RBI chief said while addressing the media at the end of a scheduled review by its newly-constituted monetary policy panel. Mr Das exuded confidence that barring a second wave, the country "stands poised to shrug off the deathly effect of the virus and renew its tryst with the pre-COVID growth trajectory".