Need to raise self-reliance in next decade: PM

Prime Minister Narendra Modi on Monday stressed on the need to increase the economic self-reliance of India in the next 10 years so that the impact of global issues is mitigated.

- RAHUL CHHABRA

“Today, India is becoming the engine of global growth with 15 percent share in global GDP growth”, Modi said while praising the RBI for playing a pivotal role in advancing the nation’s growth trajectory.

Addressing the opening ceremony of RBI@90, a programme marking 90 years of the Reserve Bank of India, in Mumbai, the PM said the policies drafted today will shape the next decade of RBI and noted that the next 10 years will take RBI to its centenary year. “The next decade is extremely important for the resolutions of a Viksit Bharat”, PM Modi said, highlighting the RBI’s priority towards fast-paced growth and focus on trust and stability. The Prime Minister also conveyed his best wishes for the fulfilment of its goals and resolutions.

He underlined that the RBI has witnessed both the pre and post-independence eras and it has created an identity around the world based on its professionalism and commitment. The Prime Minister congratulated all staff on the completion of 90 years of the RBI.