‘Government did not raid RBI reserves’ | Sanjeev Sanyal to ET Now | EXCLUSIVE

The Government may use the funds from RBI to improve the fiscal health, boost spending and reduce borrowing says Principal Economic Advisor, Sanjeev Sanyal. Defending the Jalan Panel Report, Sanyal says RBI was one of the most heavily capitalized central banks and govt did not raid the reserves. He also adds that the Govt is mindful of the slowdown but fiscal support for ailing sectors is ruled out. Tune in for the full interview with Ruchi Bhatia.

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