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Disclosing Reasons for Demonetisation Will Hurt India, Says RBI

-TheWire.in Refusal to disclose reasons for the demonetisation decision does not stand up to legal scrutiny, RTI experts say. New Delhi: It’s time to call it the Reserved Bank of India. Fifty days after the board of India’s central bank voted to discontinue all Rs 500 and Rs 1000 notes and the prime minister announced the demonetisation of 86% of India’s cash stock,  the Reserve Bank of India has said the reasons for...

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RBI puts up a firewall on Demonetisation -Abhishek Shukla

-PTI While the Government and banks want transparency from citizens, they refuse to be transparent themselves as the RBI again refuses to respond to RTI applications seeking reasons for Demonetisation Why were Rs. 1,000 and Rs. 500 notes demonetised by the government? Fifty days after the government announced that these notes would cease to be legal tender, Reserve Bank of India feels that the reasons behind the sudden announcement cannot be made public. The...

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Information Commission Claims It Doesn't Have Time to Answer RTI Requests -Gaurav Vivek Bhatnagar

-TheWire.in The government body meant to uphold the RTI has said they are too understaffed and overworked to collect and collate all the information sought by applicants. New Delhi: The pressure of dealing with numerous court cases is taking a toll on the functioning of the office of the Chief Public Information Officer (CPIO) of the Central Information Commission (CIC). Due to the lack of time and the effort needed, it is...

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RBI Rejects RTI Request for Minutes of Demonetisation Decision -Gaurav Vivek Bhatnagar

-TheWire.in The official line seems to be, ‘Show me your money but I won’t show you my records’. New Delhi: While the Reserve Bank of India has been forthcoming in placing on its website the minutes of meetings of all committees that provide it with advice, an RTI activist has accused it of deliberately withholding information on the recent demonetisation exercise. Seen against the backdrop of a top finance ministry official –...

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Bringing PDS out of the abyss -Anjali Bhardwaj and Amrita Johri

-Deccan Herald System overhaul: Transparency measures with strong accountability mechanisms can usher in change The National Food Security Act (NFSA) passed in 2013 gives statutory backing to the Public Distribution System (PDS). Up to 75% of the rural population and 50% of the urban population is entitled to receive food grain under the Act. Beneficiaries are categorised into priority households, entitled to 5 kg of subsidised grains per person per month, and Antyodaya...

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