Prime Minister Modi urged RBI to develop innovative policies for emerging sectors, aiming for a financially "Atmanirbhar" India within 10 years.

Prime Minister Narendra Modi lauded the Reserve Bank of India (RBI) on its 90th anniversary, urging the central bank to address the aspirations of India's youth and develop "out-of-the-box" policies for emerging sectors including green energy, digital technology, defense, and MSMEs. Modi stated that India should strive to become a "financially Atmanirbhar" economy within the next 10 years, shielded from global events. The Prime Minister emphasized the importance of easy access to credit and promoting ease of doing banking, praising the RBI's monetary policy committee for its work on inflation targeting.

March 31, 2024
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