Prime Minister Narendra Modi Inaugurates RBI’s Data Centre and Cyber Security Training Institute in Bhubaneswar
Distilled Policy Brief
- Prime Minister Narendra Modi inaugurated the newly constructed Data Centre and Cyber Security Training Institute of the Reserve Bank of India in Bhubaneswar, Odisha.
- Nearly 60 crore Jan Dhan accounts have been opened in the country, enabling citizens to access formal credit and banking services.
- Under the Mudra Yojana, 13 crore people became entrepreneurs for the first time, while formal credit was extended to street vendors and artisans through PM SVANidhi and PM Vishwakarma schemes.
🎯 Prelims High-Yield Examination Points
Reserve Bank of India's Data Centre and Cyber Security Training Institute in Bhubaneswar; Pradhan Mantri Jan Dhan Yojana (~60 crore accounts); Mudra Yojana; PM SVANidhi; PM Vishwakarma; Atal Pension Yojana; Pradhan Mantri Suraksha Bima Yojana; Pradhan Mantri Jeevan Jyoti Bima Yojana.
⚖️ Mains Analytical & Syllabus Linkages
Examine the role of digital public infrastructure, financial inclusion initiatives (Jan Dhan, Mudra, PM SVANidhi), and robust cybersecurity frameworks in achieving inclusive growth and resilient financial systems in India.
🎯 UPSC Prelims Practice Drill
With reference to the recent inauguration of financial infrastructure facilities by the Prime Minister in Bhubaneswar, consider the following statements: 1. The Reserve Bank of India's newly constructed Data Centre and Cyber Security Training Institute was inaugurated in Bhubaneswar, Odisha. 2. Under the Mudra Yojana, formal credit and entrepreneurial opportunities have been extended, alongside support to street vendors and artisans through PM SVANidhi and PM Vishwakarma schemes. Which of the statements given above is/are correct?
- [A] 1 only
- [B] 2 only
- [C] Both 1 and 2
- [D] Neither 1 nor 2
▶ Reveal Official Answer & Analytical Explanation
Both statements are correct based on the official policy briefing. The Prime Minister inaugurated the newly constructed Data Centre and Cyber Security Training Institute of the Reserve Bank of India in Bhubaneswar, Odisha, aimed at strengthening digital infrastructure and cyber security. Furthermore, initiatives like the Mudra Yojana, PM SVANidhi, and PM Vishwakarma have successfully extended formal credit and entrepreneurial opportunities to first-time entrepreneurs, street vendors, and traditional artisans.
🏛️ Historical Twin PYQ Anchor (2021)
Consider the following statements regarding the "National Clean Air Programme (NCAP)": 1. It is implemented by the Ministry of Environment, Forest and Climate Change. 2. Central Pollution Control Board acts as the sole regulatory executive body.