War room set up to save the country’s economy, a team of 90 people is taking care 24 hours
The threat of corona virus has now become a serious topic for India. To prevent it from spreading from the Center to the State Governments, many places are completely locked down. In such a situation, handling the country’s economy has become another big challenge. However, to handle this responsibility, the Reserve Bank of India (RBI) has started working on a war footing. The Reserve Bank has prepared a war room to keep the country’s financial system safe and chalk-proof. Actually, this preparation has been done at emergency level in view of corona virus infection. According to media reports, 90 large and important employees of the Reserve Bank are working in this War Room.
According to reports, an official says that the Reserve Bank has built this under the War Room Contingency Action Plan (BCP). The officer also informed that this war room has been functioning since March 19. This war room is being worked continuously for 24 hours. The official further informed that 90 most important people of Reserve Bank are working in this war room. Apart from these, 60 important personnel of 60 vendors from outside vendors and about 70 people from other facilities have also been deployed for the war room.
There are only 45 employees working in this war room at one time. At the same time, the remaining 45 employees have been kept for when the workload suddenly increases. According to reports, the official says, “This is the first time any central bank in the world has implemented such a BCP.” This is also the first time in our history, because even during the Second World War, such a system was not done. “
In this war room many important works are being done like debenture management, reserves management and monetary operations. For your information, let us inform you that other data centers of the Reserve Bank under BCP are handling important services like Structured Financial Messaging System (SFMS), Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). Apart from these, arrangements for e-Kuber have also been made, under which transactions of Central and State Governments and transactions from one bank to another are being handled.
