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Powers of RBI board upon use of section 7 have to be made clearer, says Montek Singh Ahluwalia

Updated : November 21, 2018 06:22 AM IST

Raiding the RBI reserves is not a credible way for the government to reduce the fiscal deficit, Ahluwalia said.
Historically, there has always been some tension between RBI and finance ministry, he said.
Powers of RBI board upon use of section 7 have to be made clearer, says Montek Singh Ahluwalia

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