RBI ready to conduct market operations to dispel any illiquidity in fin markets: Das
Three auctions of government securities conducted by RBI got devolved as market participants stayed away from buying bonds.
Three auctions of government securities conducted by RBI got devolved as market participants stayed away from buying bonds.
The saving grace is the jump in non-tax revenue of around Rs 32,335 crore or 20 bps of fiscal deficit, possibly reflecting the AGR payments/interim dividend from RBI in lieu of telecom.
The decision to sell a part of the government’s stake in the LIC for IPO was one of the major announcements of the Union Budget 2020-21
The revised estimates of expenditure for the FY20 is at Rs 26.99 lakh crore, and the revised receipts for FY21 is at Rs 19.32 lakh crore, the minister said.
The minister described Jaitley as the 'architect of GST'.
She further said that the digital revolution will witness the next wave in the coming times.
