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In a move that will provide a significant economic cushion to the next Union finance minister, the Reserve Bank of India (RBI) on May 22 announced a record Rs 2.11 lakh crore transfer of its surplus money for FY24 to the central government. The amount is 62 per cent higher than the previous record of Rs 1.76 lakh crore transferred in August 2019, and nearly 2.5 times the Rs 87,416 crore in FY23.