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);
}
$message = '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.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]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 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
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);
}
$message = '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.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]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 Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680048222b5e9-trace').style.display = (document.getElementById('cakeErr680048222b5e9-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680048222b5e9-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680048222b5e9-code').style.display = (document.getElementById('cakeErr680048222b5e9-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680048222b5e9-context').style.display = (document.getElementById('cakeErr680048222b5e9-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680048222b5e9-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680048222b5e9-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 32883, 'title' => 'Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /> <br /> New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /> <br /> In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /> <br /> The list of questions:<br /> <br /> Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /> <br /> Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /> <br /> Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /> <br /> Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /> <br /> Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /> <br /> Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /> <br /> Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /> <br /> Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /> <br /> Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /> <br /> Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /> <br /> Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div> <div align="justify"> &nbsp; </div>', 'credit_writer' => 'The Indian Express, 8 January, 2017, http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4680962, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 32883, 'metaTitle' => 'LATEST NEWS UPDATES | Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'metaKeywords' => 'Reserve Bank of India,public accounts committee,Currency demonetisation,Demonetisation,Public Accounts Committee (PAC)', 'metaDesc' => ' -The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit...', 'disp' => '<div align="justify">-The Indian Express<br /><br /><em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /><br />New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /><br />In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify">&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 32883, 'title' => 'Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /> <br /> New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /> <br /> In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /> <br /> The list of questions:<br /> <br /> Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /> <br /> Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /> <br /> Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /> <br /> Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /> <br /> Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /> <br /> Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /> <br /> Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /> <br /> Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /> <br /> Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /> <br /> Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? 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The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify">&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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</pre></div></pre>latest-news-updates/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra | Im4change.org</title> <meta name="description" content=" -The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Indian Express<br /><br /><em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /><br />New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue — from the decision-making process to the level of RBI’s involvement, impact on the economy, and “flip-flops” in RBI regulations over the last two months.<br /><br />In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for “abuse of power of office” if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI’s, then when exactly did the RBI decide that it was in India’s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI’s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India’s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify"> </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none')">Context</a><pre id="cakeErr680048222b5e9-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680048222b5e9-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 32883, 'title' => 'Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /> <br /> New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /> <br /> In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /> <br /> The list of questions:<br /> <br /> Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /> <br /> Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /> <br /> Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /> <br /> Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /> <br /> Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /> <br /> Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /> <br /> Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /> <br /> Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /> <br /> Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /> <br /> Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /> <br /> Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div> <div align="justify"> &nbsp; </div>', 'credit_writer' => 'The Indian Express, 8 January, 2017, http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4680962, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 32883, 'metaTitle' => 'LATEST NEWS UPDATES | Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'metaKeywords' => 'Reserve Bank of India,public accounts committee,Currency demonetisation,Demonetisation,Public Accounts Committee (PAC)', 'metaDesc' => ' -The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit...', 'disp' => '<div align="justify">-The Indian Express<br /><br /><em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /><br />New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /><br />In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify">&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 32883, 'title' => 'Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /> <br /> New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /> <br /> In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. 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The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify">&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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</pre></div></pre>latest-news-updates/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra | Im4change.org</title> <meta name="description" content=" -The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Indian Express<br /><br /><em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /><br />New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue — from the decision-making process to the level of RBI’s involvement, impact on the economy, and “flip-flops” in RBI regulations over the last two months.<br /><br />In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for “abuse of power of office” if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI’s, then when exactly did the RBI decide that it was in India’s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI’s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India’s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify"> </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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'' : 'none')">Context</a><pre id="cakeErr680048222b5e9-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680048222b5e9-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 32883, 'title' => 'Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /> <br /> New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /> <br /> In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /> <br /> The list of questions:<br /> <br /> Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /> <br /> Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /> <br /> Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /> <br /> Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /> <br /> Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /> <br /> Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /> <br /> Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? 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The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. 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What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify">&nbsp;</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 32883, 'title' => 'Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /> <br /> New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /> <br /> In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /> <br /> The list of questions:<br /> <br /> Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /> <br /> Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /> <br /> Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /> <br /> Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /> <br /> Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /> <br /> Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /> <br /> Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /> <br /> Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /> <br /> Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /> <br /> Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /> <br /> Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div> <div align="justify"> &nbsp; </div>', 'credit_writer' => 'The Indian Express, 8 January, 2017, http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4680962, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 32883 $metaTitle = 'LATEST NEWS UPDATES | Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra' $metaKeywords = 'Reserve Bank of India,public accounts committee,Currency demonetisation,Demonetisation,Public Accounts Committee (PAC)' $metaDesc = ' -The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit...' $disp = '<div align="justify">-The Indian Express<br /><br /><em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /><br />New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue &mdash; from the decision-making process to the level of RBI&rsquo;s involvement, impact on the economy, and &ldquo;flip-flops&rdquo; in RBI regulations over the last two months.<br /><br />In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for &ldquo;abuse of power of office&rdquo; if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI&rsquo;s, then when exactly did the RBI decide that it was in India&rsquo;s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI&rsquo;s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India&rsquo;s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country&rsquo;s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify">&nbsp;</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 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</pre></div></pre>latest-news-updates/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra | Im4change.org</title> <meta name="description" content=" -The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-The Indian Express<br /><br /><em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /><br />New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue — from the decision-making process to the level of RBI’s involvement, impact on the economy, and “flip-flops” in RBI regulations over the last two months.<br /><br />In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for “abuse of power of office” if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI’s, then when exactly did the RBI decide that it was in India’s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI’s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India’s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify"> </div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /> <br /> Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /> <br /> Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /> <br /> Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? 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The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI’s, then when exactly did the RBI decide that it was in India’s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI’s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India’s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify"> </div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 32883, 'title' => 'Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra', 'subheading' => '', 'description' => '<div align="justify"> -The Indian Express<br /> <br /> <em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /> <br /> New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue — from the decision-making process to the level of RBI’s involvement, impact on the economy, and “flip-flops” in RBI regulations over the last two months.<br /> <br /> In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for “abuse of power of office” if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /> <br /> The list of questions:<br /> <br /> Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /> <br /> Q. If the decision was indeed RBI’s, then when exactly did the RBI decide that it was in India’s best interests to demonetise currency?<br /> <br /> Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /> <br /> Q. RBI’s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India’s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /> <br /> Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /> <br /> Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /> <br /> Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /> <br /> Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /> <br /> Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /> <br /> Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /> <br /> Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div> <div align="justify"> </div>', 'credit_writer' => 'The Indian Express, 8 January, 2017, http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-urjit-patel-anand-mishra-4680962', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4680962, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 32883 $metaTitle = 'LATEST NEWS UPDATES | Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra' $metaKeywords = 'Reserve Bank of India,public accounts committee,Currency demonetisation,Demonetisation,Public Accounts Committee (PAC)' $metaDesc = ' -The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit...' $disp = '<div align="justify">-The Indian Express<br /><br /><em>Urjit Patel to appear before PAC on January 28, list of 10 questions sent<br /><br />New Delhi: </em>THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue — from the decision-making process to the level of RBI’s involvement, impact on the economy, and “flip-flops” in RBI regulations over the last two months.<br /><br />In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for “abuse of power of office” if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system.<br /><br />The list of questions:<br /><br />Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur?<br /><br />Q. If the decision was indeed RBI’s, then when exactly did the RBI decide that it was in India’s best interests to demonetise currency?<br /><br />Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight?<br /><br />Q. RBI’s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India’s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly?<br /><br />Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting?<br /><br />Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise?<br /><br />Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office?<br /><br />Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance?<br /><br />Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8?<br /><br />Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come?<br /><br />Please <a href="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/" title="http://indianexpress.com/article/india/explain-demonetisation-your-role-flip-flops-secrecy-parliament-panel-to-rbi-governor-4464383/">click here</a> to read more. </div><div align="justify"> </div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Explain demonetisation, your role, flip-flops, secrecy: Parliament panel to RBI Governor Urjit Patel -Anand Mishra |
-The Indian Express Urjit Patel to appear before PAC on January 28, list of 10 questions sent New Delhi: THE PUBLIC Accounts Committee (PAC) headed by senior Congress leader K V Thomas, which has asked Reserve Bank of India (RBI) Governor Urjit Patel to appear before it on January 28, has asked him 10 probing questions on the demonetisation issue — from the decision-making process to the level of RBI’s involvement, impact on the economy, and “flip-flops” in RBI regulations over the last two months. In the questionnaire sent on December 30, accessed by The Sunday Express, the parliamentary panel has asked the RBI Governor why he should not be prosecuted and removed for “abuse of power of office” if there are no laws that impose restrictions on withdrawal of cash. The PAC has also sought to know how much of the currency was demonetised, and how much has returned into the banking system. The list of questions: Q.Union Minister Piyush Goyal has said on the floor of the House that the decision to demonetise was taken by the RBI and its Board. The government merely acted upon this advice. Do you concur? Q. If the decision was indeed RBI’s, then when exactly did the RBI decide that it was in India’s best interests to demonetise currency? Q. What was the exact rationale laid out by the RBI for this decision to invalidate Rs 500 and Rs 1,000 notes overnight? Q. RBI’s own estimates show fake/ counterfeit currency to be a mere Rs 500 crore. India’s cash to GDP was 12%, lower than Japan (18%) and Switzerland (13%). High denomination notes as a share of currency was 86% in India, but 90% in China and 81% in US. So, what was so alarming that the RBI decided India needed to demonetise suddenly? Q. When was the notice sent to the RBI Board members calling for an emergency meeting on November 8? Which of them attended this meeting? How long the meeting did last? And where are the minutes of this meeting? Q. In the subsequent note sent to the Cabinet recommending demonetisation, did the RBI explicitly mention that this decision would mean invalidating 86 per cent of the country’s currency and its attendant cost? How long did the RBI say it would take to remonetise? Q. The RBI notification of November 8, 2016 under Section 3 c(v) issued a restriction on withdrawal from a bank account over the counter to Rs 10,000 per day and Rs 20,000 per week. There was a similar limit of Rs 2,000 per day in an ATM. Under what law and powers of the RBI, were these limitations imposed on people to withdraw their own cash? What gave the powers to the RBI to ration currency notes in the country? If there are no laws that you can cite, why should you not be prosecuted and removed for abuse of power of office? Q. Why have there been so many flip-flops in RBI regulations over the past two months? Please give us the name of the RBI officer who came up with the idea to ink people for withdrawal? Who drafted the notification on marriage related withdrawal? If it was not the RBI that drafted these but the government, is the RBI now a department of Ministry of Finance? Q. How much exactly was demonetised and how much has been deposited back in old currency? What was the expectation of notes to be extinguished when the RBI advised the government to demonetise on November 8? Q. Why has the RBI refused to reveal information under the RTI, citing inane reasons such as fear of personal injury? Why is the RBI not providing information under RTI to queries that come? Please click here to read more. |