Prime Minister Narendra Modi on Monday (April 1) said there is a need to improve India’s economic self-reliance so that the country is less affected by the challenges from around the world. Speaking at the commemoration of the 90th year of Reserve Bank of India (RBI), Modi emphasised that the steps should be taken to make the rupee more acceptable and accessible to the world. “In the next 10 years, we need to make India’s economy self-reliant. We have to make efforts to ensure that our economy is much less affected by the crisis from across the world,” he said. The prime minister said today India, with its contribution of 15 per cent in global GDP growth, has become the growth engine of the world. India is aiming to make the rupee a global currency. Last year, an RBI-appointed Inter-Departmental Group (IDG) had recommended a slew of measures, including inclusion of the rupee in the Special Drawing Rights (SDR) basket and recalibration of the foreign portfolio investor (FPI) regime to accelerate the pace of internationalisation of the rupee. (ICE NEW DELHI)

Fonte notizia: The Indian Express