Surplus Amount of RBI Transferred to Government
Ministry of Finance
Surplus amount of RBI transferred to Government
The details of RBI’s Currency and Gold Revaluation Account (CGRA) and Contingency Fund for the last five years are as follows:
Currency and Gold | ||
Year (as on | Revaluation Account | Contingency Fund |
June 30th) | (in ₹ billion) | (in ₹ billion) |
2014 | 5,721.63 | 2,216.52 |
2015 | 5,591.93 | 2,216.14 |
2016 | 6,374.78 | 2,201.83 |
2017 | 5,299.45 | 2,282.07 |
2018 | 6,916.41 | 2,321.08 |
The surplus amounts of RBI transferred to Government during the last three years are as follows:
Year* | Amount of Surplus transferred (in ₹ billion) |
---|---|
2016 | 658.76 |
2017 | 306.59 |
2018 | 500.00 |
* RBI’s Financial Year is from July – June
This was stated by Shri Pon. Radhakrishnan, Minister of State for Finance in a Written Reply to a Question in Rajya Sabha today.
Source: PIB