624<sup>th</sup> Meeting of Central Board of the Reserve Bank of India
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Government scheme — a structured programme with defined beneficiaries, budget allocation, and delivery mechanisms. The primary instrument for delivering welfare and development outcomes.
Summary
The 624th meeting of the Central Board of Directors of Reserve Bank of India was held today in Chennai under the Chairmanship of Shri Sanjay Malhotra, Governor. The Board in its meeting reviewed the current economic situation, global and domestic challenges including risks to the economic outlook. The Board also reviewed various areas of operations of the Reserve Bank including the functioning of its Committees and the Ombudsman Scheme. Deputy Governors Shri Swaminathan J., Dr. Poonam Gupta, Shr
Key Facts
TypeScheme
SourceReserve Bank of India
PublishedFriday, 21 August 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
20 million central + state government employees
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogPMOCabinet SecretariatDARPG
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesCivil ServantsState GovernmentsJudiciary
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionMonday, 24 August 2026via rbi
The 624th meeting of the Central Board of Directors of Reserve Bank of India was held today in Chennai under the Chairmanship of Shri Sanjay Malhotra, Governor. The Board in its meeting reviewed the current economic situation, global and domestic challenges including risks to the economic outlook. The Board also reviewed various areas of operations of the Reserve Bank including the functioning of its Committees and the Ombudsman Scheme. Deputy Governors Shri Swaminathan J., Dr. Poonam Gupta, Shr
The Central Government has appointed Shri Janmejaya Kumar Sinha, Shri Syed Akbaruddin and Ms. Annie George Mathew as part-time, Non-official Directors on the Central Board of Reserve Bank of India for a period of four years with effect from August 24, 2026 or until further orders, whichever is earlier. (Brij Raj) Chief General Manager Press Release: 2026-2027/960
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