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Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economy

The Reserve Bank of India's record ₹2.87 lakh crore dividend transfer offers crucial fiscal support amid global economic turbulence. This substantial sum will bolster government spending on infrastructure, subsidies, and welfare programs. Experts highlight it…

By Nandini Sanyal· The Times of India· 3 days ago· 2 min read
Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economy