MUMBAI – Prime Minister Narendra Modi, while addressing the Reserve Bank of India’s 90th commemoration ceremony, gave a glimpse of the central bank’s role in the post-election scenario.
“During these 100 days of elections, I am preoccupied, giving you ample time to ponder over new policies,” PM Modi said to the RBI officials. He further added, “Just a day after the swearing-in ceremony, you will be swamped with work.”
These remarks by the Prime Minister come in the midst of the election season, indicating a significant role for the central bank in the formulation and implementation of economic policies once the elections are over.
The Reserve Bank of India, celebrating its 90th year, has been a key player in maintaining the country’s economic stability. The central bank’s role is expected to be even more crucial in the post-election period, with the anticipation of new policies and reforms.
PM Modi’s comments highlight the central bank’s critical role in the nation’s economic framework and the expectation of a substantial workload immediately after the elections.
As the nation eagerly awaits the election results, the Reserve Bank of India is preparing for a busy schedule, ready to tackle the challenges of formulating and implementing new economic policies.