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News digest: Centre to seek payout from RBI, NITI shows the way, and more

Statement comes a day after FM said govt doesn't need RBI money to bridge fiscal gap

Subhash Chandra Garg
premium

“When we don’t have any shortfall on the revenue side, where is the need for curbing expenditure?"

BS Web team New Delhi
Centre to seek interim payout from RBI: Garg
 
A day after Union Finance Minister Arun Jaitley asserted that the government did not need the Reserve Bank of India’s (RBI’s) money to bridge the fiscal gap, Economic Affairs Secretary Subhash Chandra Garg said on Wednesday an interim dividend would be sought from the central bank. Read more
 
NITI unveils plan to make India $4-trillion economy
 
The Niti Aayog has said average annual growth of 8 per cent during 2018-19 to 2022-23, with the concluding year yielding 9-10 per cent expansion, is needed to generate sufficient