New Delhi | Congress leader Rahul Gandhi has accused the Centre of “Stealing” and stated that “stealing from the RBI will not work”.
Earlier today, Reserve Bank of India approved a record Rs. 1.76 lakh crore payout to the government to help boost the economy.
“PM & FM are clueless about how to solve their self created economic disaster. Stealing from RBI won’t work – it’s like stealing a Band-Aid from the dispensary & sticking it on a gunshot wound,” Mr Gandhi tweeted.
PM & FM are clueless about how to solve their self created economic disaster.
Stealing from RBI won’t work – it’s like stealing a Band-Aid from the dispensary & sticking it on a gunshot wound. #RBILooted https://t.co/P7vEzWvTY3
— Rahul Gandhi (@RahulGandhi) August 27, 2019
The total payout of Rs. 1.76 lakh crore includes Rs. 1.23 lakh crore as dividend and Rs. 52,640 crore surplus capital, the RBI said in a statement. The dividend payment includes Rs. 28,000 crore already transferred to the government in February, before the national election.
The Congress Twitter account also hit out at the Centre.
“Rs. 1.76 lakh cr given to the govt by RBI is almost the exact same amount missing from Budget 2019 announcement. Where was that money spent? Why was it missing from the Budget? Looting the RBI like this only devastates our economy further & reduces credit rating of the bank,” the Congress party tweeted.
The centre last week had announced it will infuse Rs. 70,000 crore to public sector banks to boost economic growth from a five-year low. Analysts say this amount may come from the RBI payout.
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