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PM MODI SEEKS COORDINATION OF MONETARY, FISCAL POLICIES IN ECONOMY, LAUDS RBI ROLE
The Business Guardian
|April 02, 2024
The Prime Minister also threw light on the importance of regulations of the Reserve Bank of India regarding cooperative banks, the 1200 crore monthly transactions via UPI making, the work being done on Central Bank Digital Currency.
Government strategy of recognition, resolution and recapitalisation has been instrumental in global recognition of the strength and sustainability of the Indian banking system with the Reserve Bank of India creating an identity around the world based on its professionalism and commitment. With the next decade holding a significant implication for the resolutions of a Viksit Bharat, Prime Minister called for priority to fast-paced growth and focus on trust and stability and also emphasised the importance of coordination of monetary and fiscal policies in the GDP and the economy of the country.
This story is from the April 02, 2024 edition of The Business Guardian.
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