Delhi-NCR, India, State

Need to make banks, currency important part of international trade: PM Modi

Need to make banks, currency important part of international trade: PM Modi

TIL Desk/National/New Delhi/ Prime Minister Narendra Modi on Monday stressed the need to make India’s banks and currency an important part of the international trade and supply chain. The Prime Minister also exhorted financial institutions to continuously encourage good financial and corporate governance practices.

Inaugurating the iconic week celebrations by the Ministry of Finance and Corporate Affairs as part of the Azadi ka Amrit Mahotsav, Modi said India has developed various financial inclusion platforms and there is a need to create awareness about them for their optimum utilisation.

“There should be an effort to extend these financial inclusion solutions globally.” Modi also launched the ‘Jan Samarth portal’, a credit-linked portal of 12 government schemes, to ensure ease in credit availability to youth, entrepreneurs and farmers. The Jan Samarth portal will be an ‘end-to-end delivery platform’, and more people will come forward to avail loans, he said.

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