Prime Minister Outlines Financial Inclusion and Secures Digital Infrastructure at RBI Bhubaneswar Facility Inauguration
Distilled Policy Brief
- Prime Minister inaugurated the Reserve Bank of India's (RBI) new Data Centre and Cyber Security Training Institute in Bhubaneswar, Odisha, aimed at bolstering financial infrastructure and security.
- Highlighting financial inclusion milestones, nearly 60 crore Jan Dhan accounts have been opened, while Pradhan Mantri Mudra Yojana enabled 13 crore individuals to become first-time entrepreneurs.
- Social security coverage has expanded significantly, with Atal Pension Yojana covering 9 crore beneficiaries nationally, including 38 lakh individuals in Odisha alone.
🎯 Prelims High-Yield Examination Points
RBI's new Data Centre and Cyber Security Training Institute has been inaugurated in Bhubaneswar, Odisha. Key financial schemes mentioned include Pradhan Mantri Mudra Yojana (13 crore entrepreneurs), PM SVANidhi, PM Vishwakarma Scheme, and Atal Pension Yojana (9 crore beneficiaries nationally; 38 lakh in Odisha).
⚖️ Mains Analytical & Syllabus Linkages
Analyze how digital public infrastructure, formalization of banking, and targeted financial inclusion schemes (Jan Dhan-Aadhaar-Mobile trinity) have transitioned India's financial sector from exclusionary 'phone banking' to inclusive, pro-people governance.
🎯 UPSC Prelims Practice Drill
With reference to the recent inauguration of Reserve Bank of India's (RBI) major facilities in Bhubaneswar and related economic milestones, consider the following statements: 1. The newly inaugurated facilities include the RBI's Data Centre and Cyber Security Training Institute in Bhubaneswar, Odisha. 2. Under various financial inclusion and social security initiatives, nearly 60 crore Jan Dhan accounts have been opened, and the Atal Pension Yojana has covered 9 crore beneficiaries nationally. 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 and facts. The Prime Minister inaugurated the RBI's new Data Centre and Cyber Security Training Institute in Bhubaneswar, Odisha. Additionally, financial inclusion milestones highlighted that nearly 60 crore Jan Dhan accounts have been opened, and the Atal Pension Yojana has expanded to cover 9 crore beneficiaries nationally.
🏛️ 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.