An RBI panel is also considering a government request to transfer more of the central bank’s excess capital to the state. An increase would help plug a widening budget deficit, allowing Prime Minister Narendra Modi to fund billions of rupees in spending to rural workers, a key voting bloc.
from The Financial ExpressThe Financial Express https://ift.tt/2WE5fXW
from The Financial ExpressThe Financial Express https://ift.tt/2WE5fXW
Modi turns to RBI to spur economic growth ahead of Lok Sabha polls
Reviewed by TUNI ON LINE CENTER AMBIKAPUR
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अप्रैल 02, 2019
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