'RBI dividend to create fiscal room, improve rating outlook'
The New Indian Express|May 24, 2024
THE significant dividend of ₹2.11 lakh crore from the Reserve Bank of India (RBI) is expected to provide the government with more fiscal flexibility and better rating moving forward, according to experts.
MONIKA YADAV

Experts feel the record dividend may help the government bring down its fiscal deficit by a few percentage points. DK Srivastava, chief policy advisor, EY India, feels the additional resources may help the government narrow down the fiscal deficit to 5% of GDP from the budgeted 5.1%. Gaura Sengupta, chief economist, IDFC First Bank, feels FY25 fiscal deficit could undershoot budget estimate by 0.2% of GDP.

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