Congress slams RBI transferring Rs 1.76 lakh cr to govt

A day after the Reserve Bank of India’s (RBI) Central Board accepted the Bimal Jalan panel recommendations and decided to transfer Rs 1.76 lakh crore in dividend and surplus reserves to the government, Congress on Tuesday slammed the move.

Former Congress President Rahul Gandhi said in a tweet: “PM and FM are clueless about how to solve their self created economic disaster. Stealing from RBI wont work – it’s like stealing a Band-Aid from the dispensary and sticking it on a gunshot wound.”

Congress media chief Randeep Singh Surjewala called the move a “fiscal harakiri”, and asked whether it was sheer coincidence that the Rs 1.76 lakh crore borrowed by the RBI matches with the “missing amount in the Budget calculation”.

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