Bimal Jalan Committee Current Affairs, GK & News

GoI misses its disinvestment target

Government of India misses its disinvestment target as the plan to sell Bharat Petroleum Corporation Limited (BPCL), Air India and Container Corporation of India has not been succeeded. Highlights The Government had planned to sell 53.3% of BPCL, 31% of Concorp as per latest market prices. The Government had set the Disinvestment target of Rs ..

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Government gets Rs 1.76 lakh crore surplus transfer from the RBI

The Indian Government has received a massive boost from the RBI as the RBI has agreed to transfer over Rs. 1.76 lakh crores.? What has happened? The Bimal Jalan committee had recommended the transfer of the surplus funds held by the Reserve Bank of India (RBI). While Rs 28,000 crores had already been paid as ..

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Bimal Jalan panel report Delayed

The Bimal Jalan panel formed by the Reserve Bank of India (RBI) to review the economic capital framework of the Reserve Bank of India (RBI) has deferred the submission of its report to the central bank. Why the deferment? The deferment in submission is due to the difference of opinion within the six-member panel over ..

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RBI Deputy Governor Viral Acharya quits before his term ends

Viral Acharya Deputy Governor of Reserve Bank of India (RBI) has resigned from his position 6 months before the end of his term citing reason as unavoidable personal circumstances. Acharya, who joined RBI on 23 January 2017 for a three-year term, was youngest deputy governor of RBI post economic liberalisation. He may now return to ..

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Bimal Jalan led panel defers report on RBI surplus funds

The Reserve Bank of India (RBI) committee led by Bimal Jalan (former RBI governor) constituted for considering guidelines for transfer of central bank’s surplus funds to government delayed submitting its report after lack of consensus among its members. The panel was originally supposed to submit its report in April 2019. Background The RBI committee was ..

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