Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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-TheWire.in&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;It&amp;rsquo;s time to call it the Reserved Bank of India.&lt;br /&gt;
&lt;br /&gt;
Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&amp;rsquo;s cash stock,&amp;nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.&lt;br /&gt;
&lt;br /&gt;
In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act.&lt;br /&gt;
&lt;br /&gt;
The exemption under this section allows a public authority to withhold &amp;ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&amp;rdquo; RBI said in response to an RTI query.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-TheWire.in

Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&amp;rsquo;s time to call it the Reserved Bank of India.

Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue...&#039;,
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&lt;br /&gt;
&lt;em&gt;Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;It&amp;rsquo;s time to call it the Reserved Bank of India.&lt;br /&gt;
&lt;br /&gt;
Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&amp;rsquo;s cash stock,&amp;nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
The exemption under this section allows a public authority to withhold &amp;ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&amp;rdquo; RBI said in response to an RTI query.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&amp;rsquo;s time to call it the Reserved Bank of India.

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-TheWire.in

Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&rsquo;s time to call it the Reserved Bank of India.

Fifty days after the board of India&rsquo;s central bank voted to discontinue..."/>
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                <strong>Disclosing Reasons for Demonetisation Will Hurt India, Says RBI</strong></h1>
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                <div align="justify">-TheWire.in<br /><br /><em>Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.<br /><br />New Delhi: </em>It&rsquo;s time to call it the Reserved Bank of India.<br /><br />Fifty days after the board of India&rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&rsquo;s cash stock,&nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.<br /><br />In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act.<br /><br />The exemption under this section allows a public authority to withhold &ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&rdquo;<br /><br />While denying the information sought in the RTI application, the RBI did not explain how this exemption would apply in the given case as the decision to demonetise has already been taken and there is no way that disclosure of information about the reasons would fit any of the reasons cited in section 8(1)(a) of the RTI Act.<br /><br />The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.<br /><br />&ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&rdquo; RBI said in response to an RTI query.<br /><br />Please <a href="https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/" title="https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/">click here</a> to read more. <br /></div>               </font>
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&lt;br /&gt;
&lt;em&gt;Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;It&amp;rsquo;s time to call it the Reserved Bank of India.&lt;br /&gt;
&lt;br /&gt;
Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&amp;rsquo;s cash stock,&amp;nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.&lt;br /&gt;
&lt;br /&gt;
In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act.&lt;br /&gt;
&lt;br /&gt;
The exemption under this section allows a public authority to withhold &amp;ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&amp;rdquo;&lt;br /&gt;
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&amp;ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&amp;rdquo; RBI said in response to an RTI query.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&amp;rsquo;s time to call it the Reserved Bank of India.

Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue...&#039;,
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&lt;br /&gt;
&lt;em&gt;Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;It&amp;rsquo;s time to call it the Reserved Bank of India.&lt;br /&gt;
&lt;br /&gt;
Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&amp;rsquo;s cash stock,&amp;nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&amp;rdquo; RBI said in response to an RTI query.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&amp;rsquo;s time to call it the Reserved Bank of India.

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-TheWire.in

Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&rsquo;s time to call it the Reserved Bank of India.

Fifty days after the board of India&rsquo;s central bank voted to discontinue..."/>
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                <strong>Disclosing Reasons for Demonetisation Will Hurt India, Says RBI</strong></h1>
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                <div align="justify">-TheWire.in<br /><br /><em>Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.<br /><br />New Delhi: </em>It&rsquo;s time to call it the Reserved Bank of India.<br /><br />Fifty days after the board of India&rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&rsquo;s cash stock,&nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.<br /><br />In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act.<br /><br />The exemption under this section allows a public authority to withhold &ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&rdquo;<br /><br />While denying the information sought in the RTI application, the RBI did not explain how this exemption would apply in the given case as the decision to demonetise has already been taken and there is no way that disclosure of information about the reasons would fit any of the reasons cited in section 8(1)(a) of the RTI Act.<br /><br />The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.<br /><br />&ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&rdquo; RBI said in response to an RTI query.<br /><br />Please <a href="https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/" title="https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/">click here</a> to read more. <br /></div>               </font>
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-TheWire.in&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;It&amp;rsquo;s time to call it the Reserved Bank of India.&lt;br /&gt;
&lt;br /&gt;
Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&amp;rsquo;s cash stock,&amp;nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.&lt;br /&gt;
&lt;br /&gt;
In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act.&lt;br /&gt;
&lt;br /&gt;
The exemption under this section allows a public authority to withhold &amp;ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&amp;rdquo;&lt;br /&gt;
&lt;br /&gt;
While denying the information sought in the RTI application, the RBI did not explain how this exemption would apply in the given case as the decision to demonetise has already been taken and there is no way that disclosure of information about the reasons would fit any of the reasons cited in section 8(1)(a) of the RTI Act.&lt;br /&gt;
&lt;br /&gt;
The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&amp;rdquo; RBI said in response to an RTI query.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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-TheWire.in

Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&amp;rsquo;s time to call it the Reserved Bank of India.

Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue...&#039;,
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&lt;br /&gt;
&lt;em&gt;Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.&lt;br /&gt;
&lt;br /&gt;
New Delhi: &lt;/em&gt;It&amp;rsquo;s time to call it the Reserved Bank of India.&lt;br /&gt;
&lt;br /&gt;
Fifty days after the board of India&amp;rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&amp;rsquo;s cash stock,&amp;nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.&lt;br /&gt;
&lt;br /&gt;
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&lt;br /&gt;
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&lt;br /&gt;
The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.&lt;br /&gt;
&lt;br /&gt;
&amp;ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&amp;rdquo; RBI said in response to an RTI query.&lt;br /&gt;
&lt;br /&gt;
Please &lt;a href=&quot;https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/&quot;&gt;click here&lt;/a&gt; to read more. &lt;br /&gt;
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Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&amp;rsquo;s time to call it the Reserved Bank of India.

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-TheWire.in

Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&rsquo;s time to call it the Reserved Bank of India.

Fifty days after the board of India&rsquo;s central bank voted to discontinue..."/>
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                <strong>Disclosing Reasons for Demonetisation Will Hurt India, Says RBI</strong></h1>
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                <div align="justify">-TheWire.in<br /><br /><em>Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.<br /><br />New Delhi: </em>It&rsquo;s time to call it the Reserved Bank of India.<br /><br />Fifty days after the board of India&rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&rsquo;s cash stock,&nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.<br /><br />In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act.<br /><br />The exemption under this section allows a public authority to withhold &ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&rdquo;<br /><br />While denying the information sought in the RTI application, the RBI did not explain how this exemption would apply in the given case as the decision to demonetise has already been taken and there is no way that disclosure of information about the reasons would fit any of the reasons cited in section 8(1)(a) of the RTI Act.<br /><br />The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.<br /><br />&ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&rdquo; RBI said in response to an RTI query.<br /><br />Please <a href="https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/" title="https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/">click here</a> to read more. <br /></div>               </font>
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-TheWire.in<br />
<br />
<em>Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.<br />
<br />
New Delhi: </em>It&rsquo;s time to call it the Reserved Bank of India.<br />
<br />
Fifty days after the board of India&rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&rsquo;s cash stock,&nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.<br />
<br />
In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act.<br />
<br />
The exemption under this section allows a public authority to withhold &ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&rdquo;<br />
<br />
While denying the information sought in the RTI application, the RBI did not explain how this exemption would apply in the given case as the decision to demonetise has already been taken and there is no way that disclosure of information about the reasons would fit any of the reasons cited in section 8(1)(a) of the RTI Act.<br />
<br />
The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.<br />
<br />
&ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&rdquo; RBI said in response to an RTI query.<br />
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Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

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-TheWire.in<br />
<br />
<em>Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.<br />
<br />
New Delhi: </em>It&rsquo;s time to call it the Reserved Bank of India.<br />
<br />
Fifty days after the board of India&rsquo;s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India&rsquo;s cash stock,&nbsp; the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public.<br />
<br />
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The exemption under this section allows a public authority to withhold &ldquo;Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.&rdquo;<br />
<br />
While denying the information sought in the RTI application, the RBI did not explain how this exemption would apply in the given case as the decision to demonetise has already been taken and there is no way that disclosure of information about the reasons would fit any of the reasons cited in section 8(1)(a) of the RTI Act.<br />
<br />
The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes.<br />
<br />
&ldquo;The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,&rdquo; RBI said in response to an RTI query.<br />
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Please <a href="https://thewire.in/90462/rbi-refuses-give-reasons-behind-demonetisation/">click here</a> to read more. <br />
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-TheWire.in

Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say.

New Delhi: It&rsquo;s time to call it the Reserved Bank of India.

Fifty days after the board of India&rsquo;s central bank voted to discontinue...'
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Disclosing Reasons for Demonetisation Will Hurt India, Says RBI

-TheWire.in Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say. New Delhi: It’s time to call it the Reserved Bank of India. Fifty days after the board of India’s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India’s cash stock,  the Reserve Bank of India has said the reasons for the sudden announcement cannot be made public. In response to a Right to Information request, the RBI refused to disclose the reasons behind the decision to demonetise around Rs. 16 lakh crore of currency in the country, citing Section 8(1)(a) of the Right to Information Act. The exemption under this section allows a public authority to withhold “Information, [the] disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign state or lead to incitement of an offence.” While denying the information sought in the RTI application, the RBI did not explain how this exemption would apply in the given case as the decision to demonetise has already been taken and there is no way that disclosure of information about the reasons would fit any of the reasons cited in section 8(1)(a) of the RTI Act. The monetary policy authority also refused to give any details about the time it will take to replenish the old currency notes. “The query is in the nature of seeking future date of an event which is not defined as information as per Section 2(f) of the RTI Act,” RBI said in response to an RTI query. Please click here to read more.