Friday, September 13, 2019

Where will all the money given by RBI to the government go?

The additional amount of Rs 86,000 crore that the government will receive this year, above its budgeted Rs 90,000 crore as transfers from RBI, could be either used to provide fiscal stimulus to our economy, reduce off-balance sheet borrowings or meet the shortfall in revenue collections.

from Moneycontrol https://ift.tt/31ohrPs

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