Govt not seeking Rs 3.6 lakh cr from RBI: Economic Affairs Secretary Subhash Chandra Garg
New Delhi, Nov 9: The government Friday said it is not seeking Rs 3.6 lakh crore capital from the Reserve Bank but is only in discussion for fixing appropriate economic capital framework of the central bank.
"Lot of misinformed speculation is going around in media. Government's fiscal math is completely on track. There is no proposal to ask RBI to transfer Rs 3.6 or 1 lakh crore, as speculated," Economic Affairs Secretary Subhash Chandra Garg tweeted.
He said the only proposal "under discussion is to fix appropriate economic capital framework of RBI."
Exuding confidence about government's fiscal math, he said, it will stick to the fiscal deficit target of 3.3 per cent for the current financial year ending March 31, 2019.
"Government's FD (fiscal deficit) in FY 2013-14 was 5.1%. From 2014-15 onwards, Government has succeeded in bringing it down substantially. We will end the FY 2018-19 with FD of 3.3%. Government has actually foregone 70,000 crore of budgeted market borrowing this year," he said.
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Muslim youth forced to chant 'Jai Shri Ram' in UP's Mathura; case registered
Mathura (UP), May 14 (PTI): A Muslim man was allegedly forced to chant "Jai Shri Ram" and subjected to religious harassment by a group of youths in Mathura's Jamuna Par police station area, police said on Wednesday.
The accused also recorded a video of the incident and circulated it online.
A case has been registered based on a complaint filed by the victim, Sohail, according to Ajay Kishore, Station House Officer (SHO), Raya police station.
Sohail, who works as a scrap dealer, told police he was visiting Chhota Deewana village in the district on Sunday to collect scrap when a group of youths stopped him.
He alleged that they misbehaved with him, made derogatory remarks, and then forced him to chant "Jai Shri Ram".
He further claimed the youths filmed the incident and made the video viral on social media platforms.
Sohail identified one of the accused as Tunda, while the others remain unidentified.
The victim approached the police on May 12 and submitted a written complaint, SHO Kishore said.
Based on his complaint, a case has been registered against one named and five unidentified individuals.
A probe has been initiated, and efforts are underway to identify and apprehend the accused, police added.
