No proposal to ask RBI to transfer â¹3.6 or â¹1 lakh crore: Govt
Economic Affairs Secretary SC Garg on Friday said there is "no proposal to ask RBI to transfer â¹3.6 or â¹1 lakh crore, as speculated". "Lot of misinformed speculation is going around in media. Government's fiscal math is completely on track," Garg added. He reiterated that the government will meet the fiscal deficit target of 3.3% of GDP set for 2018-19.