RBI Governor meets Maha CM; Chavan seeks banking sector help
Quotes

RBI Governor meets Maha CM; Chavan seeks banking sector help

Last Updated: Friday, September 6, 2013, 14:07
 
 Comment 0
 
RBI Governor meets Maha CM; Chavan seeks banking sector help
Mumbai: Maharashtra Chief Minister Prithviraj Chavan on Friday said banking sector should come forward to strengthen the cooperative sector in the state.

He said this during a meeting with the new RBI Governor Raghuram Rajan, a spokesperson for the Chief Minister said.

Considering the economic downturn, the banking sector should help strengthen the cooperative sector to encourage small and medium industries and create jobs, Chavan said.

Rajan had an hour long meeting with Chavan, the spokesperson said, adding it was a courtesy call by the RBI Governor.

"The global economic downturn could affect the country's economy and also the economy of the state. Banking sector needs to take measures to ensure that the industries and development works are not affected by it," Chavan said.

During the meeting with Rajan, Chavan also expressed hope that the banking sector would extend all help in financial planning for infrastructure projects, the spokesperson said.

The Chief Minister briefed the RBI Governor about various measures taken by his government to make Maharashtra drought-free. The government would focus on decentralisation of water and will also ensure completion of irrigation projects which are in the final stages, he said.

PTI



First Published: Friday, September 6, 2013, 14:04


Comments


comments powered by Disqus
PM Narendra Modi in France
PM Narendra Modi in France
PM Modi`s Make in India push in Germany
PM Modi`s Make in India push in Germany
Renault Lodgy MPV
Renault Lodgy MPV
Apple Watch: Worldwide preview
Apple Watch: Worldwide preview
2015 New York Auto Show
2015 New York Auto Show

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved