Bankrolling Government Handouts?
by M G Arun
Feb 22, 2019
2 minutes
With just weeks to go before the general election, the Reserve Bank of India (RBI), at a board meeting on February 18, decided to transfer Rs 28,000 crore from its surplus as an interim dividend to the government, prompting critics to predict that the government may use the money to fund some of its promises made in the Union
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