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Bimal Jalan News
Jalan panel on RBI's capital size defers report submission till Budget 2019
Mon, Jun 24, 2019
The Bimal Jalan committee, which is looking into the size of capital reserves that the RBI should hold, Monday again deferred its report submission deadline till Budget next month.
Jalan panel norms to apply to current, future RBI reserves
Fri, Apr 05, 2019
A senior Finance Ministry source said that the central bank's profit distribution policy as suggested by the Jalan committee report, if accepted, will be applicable on the current as well as future surplus reserves of the RBI.
Centre needs to focus on jobs; Modi govt can take tough decisions, says Bimal Jalan
Tue, Oct 16, 2018
On employment opportunities front, Jalan said not enough jobs are being created. The banking sector is grappling with the problem of bad loans, he added.
Bimal Jalan thrashes fixation with fiscal deficit targeting
Fri, Dec 08, 2017
The government has targeted a 3.2 per cent of GDP fiscal deficit target for the current fiscal. There are serious concern on achieving this year given the precarious revenue collection position following the implementation of the goods and services tax, which has put a slew of sectors in the lurch. Fiscal deficit is the gap between revenue expenditure and revenue receipts.