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RBI nominee on PSU boards create illusion of regulatory control: Raghuram Rajan

Raghuram Rajan says RBI nominee offer an illusion that the regulator is in control, which is why nearly every RBI governor has asked the government for permission to withdraw them from bank boards

1 min read11 Sep 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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