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Bimal Jalan News

28 Aug 2019

Bimal Jalan panel moots review of RBI capital norms once in 5 years

The panel recognised that the RBI's financial stability risk provisions are the country's savings for "a rainy day" (financial stability crisis) built up over decades.

Reserve Bank of India

27 Aug 2019

RBI's capital framework must be reviewed every five years: Jalan committee

The report said that in the following years, interim dividend to the Government may be paid only under exceptional circumstances.

26 Aug 2019

RBI Board meet on Monday to mull over Jalan panel report

The Jalan panel had submitted its report to the RBI Governor on Friday. The report, which recommends transfer of surplus reserves to the government in a staggered manner over three-five years based on a predetermined formula, may be put on the Reserve Bank of India (RBI) website later for public access.

14 Aug 2019

Jalan panel readies report on RBI surplus transfer to government

The transfer of the Reserve Bank of India`s (RBI) surplus to the government would be done in a phased manner as is the practice, sources said.

17 Jul 2019

Bimal Jalan panel suggests fund transfer in tranches over 3-5 years

Since it is not an unanimous report, the final report - to be submitted to the RBI in 10 days - may record dissents to the recommendations made by the panel. The report has already been long delayed.

20 Jun 2019

Jalan panel report on RBI's capital size to be finalised by June-end: Das

The panel has been entrusted with the task of reviewing the best practices followed by central banks worldwide in making assessment and provisions for risks.

08 Jan 2019

Jalan panel holds 1st meeting to examine reserve size of RBI

The six-member panel is likely to submit its report in April, sources said.

27 Dec 2018

Bimal Jalan to head panel on RBI reserve; Rakesh Mohan to be vice chair

Former economic affairs secretary Rakesh Mohan will be the vice chairman.

09 Aug 2017

Farm loan waiver should not become a policy: Bimal Jalan

RBI Governor Urjit Patel and SBI Chairperson Arundhati Bhattacharya have also earlier said farm loan waivers should not become a practice as they result in fiscal slippages.

16 May 2016

Ex- governor of RBI Bimal Jalan on 2 Year of Modi Governance : Top 50 Shares

13 Aug 2015

Panel favours cash transfer for kerosene, food subsidy

A government-appointed panel to suggest ways to prune subsidies is in favour of extending the cash transfer scheme to kerosene and food in three years for directly helping beneficiaries.

Expenditure Management Commission

28 May 2015

Jalan panel on expenditure management to submit report by December

The Expenditure Management Commission set up by the government to suggest ways to rationalise subsidies will submit its final report by December 2015, its Chairman Bimal Jalan said on Thursday.

21 Jan 2015

Jalan panel for cut in fiscal deficit to 3.6% in 2015-16

Ahead of the Budget, the Expenditure Management Commission, headed by Bimal Jalan, has recommended to the government that it cut fiscal deficit to 3.6 percent of the GDP during 2015-16.

07 Sep 2014

Jalan panel to suggest ways to cut subsidies, hike user charges

The Expenditure Management Commission, headed by Bimal Jalan, has been entrusted with the task of suggesting ways to improve fiscal discipline, target subsidies more efficiently and imposition of user charges on utilities.

13 Aug 2014

Bimal Jalan to head Expenditure Management Commission

The EMC is being set up following the announcement made by Finance Minister Arun Jaitley in the Budget 2014-15.

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