Financial systems must remain connected to real economy, PM’s principal secretary PK Mishra cautions against speculation

May 16, 2026 - 17:00
Financial systems must remain connected to real economy, PM’s principal secretary PK Mishra cautions against speculation

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Principal Secretary PK Mishra cautioned financial systems against excessive speculation and market instability, emphasizing their connection to the real economy and citizens' lives. He highlighted India's digital public infrastructure, including the JAM trinity and UPI, as transformative forces for financial inclusion and credit access, particularly for underserved populations.

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