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The Economic Times

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Punjab FM Cheema urges Centre to share RBIs extraordinary dividend with states

Punjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that taking too much from the RBI could harm India's long-term economic strength. Cheema emphasizes cooperative federalism and fiscal fairness. He also stresses the importance of maintaining the RBI's financial health and independence for stability.

24 May 2026 4:31 pm