By Admin 
Rbi to announce dividend today: The Reserve Bank of India (RBI) on Friday can announce the amount of dividend to the central government for the last financial year (2024-25). This amount was more than double the Rs 87,416 crore paid for FY 2022-23.
This time the dividend payment is expected to be higher, about which the decision can be taken in the next meeting of the RBI’s Central Board of Directors on 23 May. Last week, the Central Board of RBI reviewed the Economic Capital structure (ECF), which is the basis for the government to fix the surplus transfer. The RBI had said that the board reviewed the ECF under the agenda.
The amount is fixed on the basis of ECF
The transferable surplus surplus is determined, according to the recommendations of the Specialist Committee headed by Bimal Jalan to review the existing economic capital structure of RBI, on August 26, 2019, on the basis of ECF adopted by the Reserve Bank.
The committee recommended that the risk provision under contingent risk buffer (CRB) should be maintained within the range of 6.5 to 5.5 percent of RBI bookkeeping. The Union Budget for the current financial year (2025-26) has been estimated by the Reserve Bank and the dividend of Rs 2.56 lakh crore from public sector financial institutions.
Softening of grains and lentils
The average price in the market of major food crops except wheat from the huge yield of kharif and rabi crops is less than the minimum support price (MSP). According to the latest RBI bulletin, the food price data has shown softening on both grains and pulses on a wide basis from the food price data so far (till May 19). The central government fixes the minimum support price for 23 crops (14 kharif, seven rabi and two commercial crops). However, it purchases some goods, especially wheat and rice for distribution from ration shops for the purpose of food security.
The article published on the situation of the economy in the May Bulletin of RBI said that on the other hand, the prices of edible oil continued to increase due to the increase in soybean, sunflower and mustard oil prices. However, the prices of palm and peanut oil were softened. The prices of onion further improved in major vegetables while the prices of potatoes and tomatoes were seen.
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