Spelling out the government’s RBI windfall

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DC Field	Value	Language
dc.contributor.author	Ray, Partha	-
dc.contributor.author	The Hindu	-
dc.date.accessioned	2024-03-12T06:13:31Z	-
dc.date.available	2024-03-12T06:13:31Z	-
dc.date.issued	2019-08-31	-
dc.identifier.uri	https://www.thehindu.com/opinion/lead/spelling-out-the-governments-rbi-windfall/article29302743.ece	-
dc.identifier.uri	https://ir.iimcal.ac.in:8443/jspui/handle/123456789/4743	-
dc.description	Source: News: Online: The Hindu Dated: 31-08-2019	en_US
dc.description.abstract	The transfer of Reserve Bank of India (RBI) surplus to the government is a routine matter. Every year after the finalisation of the accounts of the RBI its surplus is transferred to the Central government sometime in end-August; this augments the non-tax revenue of the Central government. Normally, an estimate of such a transfer is decided informally between the RBI and the Central government by January and finds a place in the Budget estimate, typically announced in early February. But this year is an exception. The announcement of a huge transfer of RBI surplus, earlier this week, of ₹1.76 lakh crore to the Central government, seems to have generated quite a bit of media attention.	en_US
dc.language.iso	en_US	en_US
dc.publisher	The Hindu	en_US
dc.subject	Bank	en_US
dc.subject	Accounts	en_US
dc.subject	Budget	en_US
dc.subject	Surplus	en_US
dc.title	Spelling out the government’s RBI windfall	en_US
dc.type	Article	en_US
Appears in Collections:	IIMC Stakeholders

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