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People of the country must know about catastrophic impact of Modi govt seeking Rs 3.6 lakh crore from RBI: Chidambaram

The government may force to pass a resolution at the RBI board meeting to transfer a large sum of money from the reserves. Two scenarios can emerge if such a situation happens. Either the RBI gives in or the Governor resigns. Both the situations will be a disaster and will have catastrophic impact on the country's economy," Chidambaram warned.