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Prime Minister's Office

English rendering of PM’s address during inauguration of RBI facilities in Bhubaneswar, Odisha

PrelimsMainsGS2GS3Science & TechnologyGovernanceEconomyGovernment Schemes
Source-grounded summary

The Prime Minister inaugurated the Reserve Bank of India’s (RBI) Data Centre and Cybersecurity Training Institute in Bhubaneswar, Odisha. Highlighting the evolution of India's governance and banking sector, the address contrasted past systemic issues like NPAs and 'phone banking' with current digital financial inclusion achievements, such as Jan Dhan accounts, Mudra Yojana, PM SVANidhi, and PM Vishwakarma. The new facilities in Bhubaneswar are intended to bolster digital infrastructure, secure banking systems against evolving cyber threats, and support Eastern India's growth engine by linking traditional resources with modern technological ecosystems.

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