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Modi govt is the first govt which is taking 99.99% of RBI’s profits : Owaisi

Hyderabad MP and AIMIM chief Asaduddin Owaisi said that the government is now left with a “dangling carrot.” “Modi government is the first government which is taking 99.99% (of the RBI’s profits), earlier no government was taking so much. Of the total amount, you have showed Rs 90,000 crore as budget which means you have spent it. From the remaining Rs 86,000 crore, Rs 70,000 crore is being used to refinance banks. You are now left with a gajar ki pungi of Rs 16,000 crore,” Owaisi said and added that the Centre’s move will adversely impact the unorganised sector.

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