Centre to seek interim payout from Reserve Bank: Subhash Chandra Garg

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

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.
 
Garg also said the composition and structure of the expert committee on the Economic Capital Framework, which would determine the appropriate level of reserve the RBI should hold, had almost been agreed upon. He also said the Supplementary Demand for Grants, expected to be tabled in Parliament on Thursday, would contain the details