RBI 90 years ceremony | PM Modi calls for greater economic self-reliance, making rupee more acceptable, accessible globally
8 months, 3 weeks ago

RBI 90 years ceremony | PM Modi calls for greater economic self-reliance, making rupee more acceptable, accessible globally

The Hindu  

Prime Minister Narendra Modi on April 1 said India needs to increase its economic self-reliance in the next 10 years to mitigate the impact of global crises, and make rupee more accessible and acceptable throughout the world. Noting the achievement of the RBI in infusing rule-based discipline and fiscally prudent policies in the banking sector, the Prime Minister asked for advance estimates of the needs of various sectors to take proactive steps while assuring the banks of government’s support. Steps like active price monitoring and fiscal consolidation kept inflation at a moderate level even during difficult times of the Covid pandemic, PM Modi said, lauding the RBI’s role in the progress of the economy. Maharashtra Governor Ramesh Bains, Chief Minister Eknath Shinde, Deputy Chief Ministers Devendra Fadanvis and Ajit Pawar, Union Finance Minister Nirmala Sitharaman, Ministers of State for Finance Bhagwat Kishanrao Karad and Pankaj Chaudhary were present on the occasion, along with RBI Governor Shaktikanta Das.

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