Question : RBI Funds to Government

(a) whether the Government has noted the stand of Reserve Bank of India with regard to transfer of Rs. 3 lakh crores;

(b) if so, the details thereof; and

(c) the effective steps and action plan of the Government to utilise this amount for various people welfare and development activities?

Answer given by the minister

(a) and (b): Does not arise. The Government has not asked RBI to transfer Rs. 3 lakh crores.

(c): Question does not arise.

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