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PM Modi inaugurates RBI's Rs 169-crore data centre, cybersecurity institute in Odisha

By · Via Times of India · Published by Everything Blog

In short

Prime Minister Modi inaugurated the Rs 169-crore data center and Cybersecurity Training Institute in Odisha, focusing on strengthening financial sector resilience and cybersecurity. The inauguration was attended by key leaders, underscoring the importance of secure computing ecosystems.

Key points

  • The facility aims to enhance capabilities across the financial sector.: The facility aims to enhance capabilities across the financial sector.
  • The inauguration was attended by key leaders, emphasizing the importance of secure comput…: The inauguration was attended by key leaders, emphasizing the importance of secure computing ecosystems.
  • The Rs 169-crore investment underscores the government's commitment to cybersecurity and…: The Rs 169-crore investment underscores the government's commitment to cybersecurity and financial sector resilience.

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The Cybersecurity Training Institute will focus on training, research and capacity building.

NEW DELHI: Prime Minister Narendra Modi on Sunday inaugurated the Reserve Bank of India's (RBI) Rs 169-crore data centre and Cybersecurity Training Institute at Info Valley-II in Jatni, near Bhubaneswar, Odisha.Spread across 18.55 acres, the facility's foundation stone was laid by then RBI governor Shaktikanta Das on March 22, 2023. The data centre will host mission-critical payment and settlement systems, along with other key RBI initiatives, according to a government statement.It is expected to improve the reach, efficiency and reliability of digital financial services while providing a secure foundation for India's increasingly technology-driven financial sector.The Cybersecurity Training Institute will focus on training, research and capacity building in cybersecurity and enterprise technology, helping strengthen capabilities across the financial sector.The location was chosen for its geographical stability, away from seismically active zones and high-risk international border areas, officials said according to news agency PTI. This is expected to reduce the facility's exposure to natural disasters and geopolitical vulnerabilities.

The facilities have been designed to provide a secure, resilient, scalable and future-ready computing ecosystem for the RBI and the wider financial sector.Union finance minister Nirmala Sitharaman, RBI Governor Sanjay Malhotra, Odisha Governor Brajmohan Ram, chief minister Mohan Charan Majhi and other senior leaders were also present at the inauguration.

Kanchan Yadav is a writer at The Times of India, where she covers business, politics, international affairs and social issues. Her reporting also focuses on policy, governance and economic developments, with a close lens on how decisions in corridors of power affect everyday lives and community well-being.

Original source: timesofindia.indiatimes.com

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