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

As reported by Markets-Economic Times
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 its importance for managing rising costs and maintaining economic stability, even as the RBI adjusts its reserves.
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