RBI, govt working on crypto: Finance Minister
Crypto is back on the discussion table as Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das deliberated over the issue.
image for illustrative purpose
New Delhi: Crypto is back on the discussion table as Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das deliberated over the issue. The Finance Minister had announced in her Budget speech that the RBI will launch a block chain based digital currency next year. The government also proposed to tax digital assets.
"With RBI & Ministry, not just on crypto, but on every other thing as well, I think there's complete harmony with which we're working, respecting each other's domain and also knowing what we've to do with each other's priorities & in the interest of the nation.
There's no turfing here," said Sitharaman after the meeting. "Like several other issues, this particular issue is internally under discussion b/w RBI & the Govt. Whatever points we have, we discussed with the Govt. Beyond that I think I will not like to further elaborate," said Das.
The main rationale behind going for green bond is that world over there are a lot of investors who have dedicated funds to invest in green bonds. So, basically when you float a green bond, it has a specified and dedicated purpose
-Shaktikanta Das, RBI Governor
