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: 150
 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]
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: 151
 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]
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]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | In Response To RTI, RBI Says Sharing Details Of Demonetisation Process May Hurt Country's Economic Interests -Ashwini Srivastava

In Response To RTI, RBI Says Sharing Details Of Demonetisation Process May Hurt Country's Economic Interests -Ashwini Srivastava

Share this article Share this article
published Published on May 12, 2017   modified Modified on May 12, 2017
-Outlook

Six months after the announcement of demonetisation by Prime Minister Narendra Modi, the RBI has declined to share details of the note ban process, saying it would be detrimental to the country's economic interests.

Replying to an RTI query, the central bank said disclosing such details may impede future economic or fiscal policies of Government of India.

The Reserve Bank of India (RBI) was asked to provide a copy of the minutes of the meetings held in its office during which the decision to demonetise Rs 500 and Rs 1,000 notes was taken.

It was also asked to share a copy of the correspondence made with the Prime Minister's Office (PMO) and the Finance Ministry on demonetisation issue.

"The information sought in the query carries sensitive background information including opinions, data, studies/ surveys etc. Made prior to the completion of the process of withdrawal of legal tender character of Rs 500 and Rs 1,000 notes.

"Disclosure of such information would detriment economic interest of the country from the viewpoint of the objectives sought to be achieved by such decision," the RBI said in reply to the RTI application filed by a PTI correspondent.

It is also likely to impede future economic or fiscal policies of Government of India, the central bank said.

The disclosure of information, therefore, qualifies for exemption under section 8 (1) (a) of the Right to Information (RTI) Act, it said.

The section bars sharing of information which would "prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the state, relation with foreign state or lead to incitement of an offence".

Please click here to read more.

Outlook, 10 May, 2017, http://www.outlookindia.com/newswire/story/in-response-to-rti-rbi-says-sharing-details-of-demonetisation-process-may-hurt-countrys-economic-interests/969108


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close