business rbi bumper rs 3 5 trillion payout to help offset weak revenues analysts say

Rbi Bumper Rs 3.5 Trillion Payout To Help Offset Weak Revenues, Analysts Say

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Reserve Bank of India may give a record dividend to the government. This could offset tax revenue shortfalls due to slow growth. Economists predict a payout between 3 to 3.5 trillion rupees. The windfall will help bridge the gap in tax collections. Government can use this to increase spending on social welfare.