Chapter 66: Ch.65: Transforming Bharat's Financial future
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Rashtrapati Bhavan, New Delhi, Bharat, August 31, 1943
In the grand Presidential office in the historic Rashtrapati Bhavan, Aryan sat behind a large mahogany desk, the weight of his responsibilities evident in his focused expression. The room, adorned with intricate carvings and historical artifacts, was a testament to Bharat's rich heritage. The scent of sandalwood incense filled the air, mingling with the faint hum of activity from the corridors outside.
It had been a few days since KAVACH had deployed its best agents to locate and secure the Darkhold. Aryan's mind was now occupied with another critical mission: transforming Bharat's financial sector to make it more advanced and resilient than the structure left by British rule.
Aryan leaned back in his chair, his eyes scanning the detailed plans spread out before him. The transformation of Bharat's financial sector was a monumental task, but one that was essential for the nation's future. The current structure, heavily influenced by British colonial rule, was outdated and inefficient. Aryan knew that for Bharat to thrive, it needed a financial system that was advanced, resilient, and capable of supporting both grassroots development and industrial growth.
The documents provided details on Akhand Bharat Bank, his privately owned bank, already cooperating with the nationalized banks such as State Bank of Bharat, which was recently formed by the merger of several nationalized banks, as well as the government of Bharat to provide small loans to farmers, artisans, and small business owners across Bharat to empower local communities and stimulate economic growth from the ground up. The government was focused on ensuring that banking services were accessible to all citizens, including those in rural and underserved areas. For this purpose, the government planned to set up branches in remote locations and promote the use of savings accounts and other financial products.
Additionally, the agricultural reforms and the push for comprehensive infrastructure development across Bharat, including roads, railways, and ports, were already in full swing. To enhance Bharat's overall industrial capabilities, Aryan planned to implement new industrial policies that encouraged the growth of key industries, such as textiles, manufacturing, and technology, to boost the economy and create jobs.
He also had plans for the future inclusion of magi-tech and digital financing. For this, the government had to lay the groundwork for these future upgrades by investing in magi-technological infrastructure. This included setting up secure communication networks and training personnel in digital literacy, as well as developing a regulatory framework that would support the transition to magi-tech and digital financing in the future, ensuring security and trust in the system.
After reading the reports, Aryan fell into thoughts about the needs for various minerals and resources in the overall industrial development of Bharat as well as thoughts about a stable currency based on gold, for the financial security of Bharat. He closed his eyes and communicated with Athena through his mind.
Aryan: {Athena, I need you to do a crucial task for me.}
Athena: {Of course, Master. What do you require?}
Aryan: {I need you to locate every natural resource within the territory of Bharat. This includes ores, minerals, natural gas, and oil veins. Provide me with detailed information on their locations. Additionally, identify any resources that are not available within our borders. I plan to create mineral veins for these resources using my powers, ensuring Bharat's self-sufficiency. Also, I need to establish additional gold veins to base our currency on gold, so find an appropriate location inside Bhartiya territory for the easy mining and extraction of the resources.}
Aryan remembered very well how in his previous life Bharat used to import critical minerals as well as resources from other countries which made it dependent on other countries as well as enemy countries like China who had various rare earth elements and this resulted in a large trade deficit, damaging the economy as well as the value of Bharatiya currency. For the self-reliance and integrity of Bharat, it was necessary that Aryan find the resources inside Bharat and if necessary, create additional veins for those minerals which it lacks. Also, in his opinion, gold-based currency was a very safe and reliable currency for the future of Bharat, so he planned to create additional gold veins, as Bharat lacked a significant amount of gold reserves for the purpose of basing its currency on gold.
Athena: {Understood, Master. Initiating comprehensive scan of Bharat's territory.}
Aryan had to give access to some of his skills to Athena and while she completed the task, he waited, his mind focused on the task at hand. Moments later, Athena's voice echoed in his mind, filled with the precision and clarity he had come to rely on.
Athena: {Master, I have completed the scan. Here are the details.}
As Athena completed the scan, the detailed map and description of various resources materialized before him. In summary, Bharat has ample amounts of iron ore, coal, bauxite, copper, and other minerals required for the industrial development of Bharat.
Bharat also had some oil and natural gas reserves in Balochistan, Assam, Gujarat, and offshore areas in the Krishna-Godavari basin. However, it wasn't sufficient enough for the growing needs of Bharat.
Additionally, Bharat also lacked a significant amount of uranium for the nuclear ambitions of Bharat, although it can be substituted with thorium, which is present in Bharat in significant amounts. For nuclear purposes, the government will have to provide additional funds for research in that technology, as the current uranium-based technology was still undergoing research.
Athena: {Master, while these are the resources available to us within our borders, resources not available in sufficient quantities include lithium, cobalt, and rare earth elements. These are essential for future technological advancements.}
Aryan: {Thank you, Athena. I will create mineral veins for those we lack as well as lithium, cobalt, and rare earth elements in suitable locations within Bharat.}
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