Zee Media Bureau
Mumbai: Prime Minister Narendra Modi on Thursday said as much as Rs 14,000 crore was deposited in Jan Dhan accounts. He asked the RBI to prepare 20-year roadmap for financial inclusion. Narendra Modi also said the Reserve Bank of India has taken up the issue of financial inclusion in a very big way.
Modi also asked banks to take a considerate view in lending to the poor."We should target to make paper and ink used to print Indian currency within the country as part of ‘Make In India’, he said.
Speaking at the Financial Inclusion Conference of the Reserve Bank of India in Mumbai, Modi also said that he will meet RBI Governor Raghuram Rajan once in every two months.
Union Finance Minister Arun Jaitley was also present at the conference.
Addressing the conference, Jaitley said the government would restore the credibility of decision-making, while easing processes and making India`s tax structure non-adversarial.
The comments reiterate the government's promises to make India more business- and investor-friendly.
Earlier, Reserve Bank of India Governor Raghuram Rajan said the country`s push to finance infrastructure should not override the need for financial stability.
India is keen to ramp up infrastructure investment to help support economic growth, which will require a big push to fund projects.
