TNPSC Thervupettagam

Bimal Jalan Panel’s surplus transfer

July 19 , 2019 1985 days 855 0
  • The Bimal Jalan panel has decided to recommend the transfer of RBI’s surplus reserves to the government.
  • It will be transferred in a staggered manner over 3-5 years.
  • The transfer of surplus capital may help the government meet its fiscal deficit target.
  • The recommendation for transfer of excess reserves includes both contingency and revaluation funds.

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