Parliament panel can
call PM Modi on note ban if RBI's reply not satisfactory
Times of India, January
The Public Accounts Committee (PAC) of Parliament can call Prime
Minister Narendra Modi on the issue of demonetisation if it is
not satisfied with the answers given by top finance ministry
officials and the RBI Governor Urjit Patel, to whom a detailed
questionnaire has been sent.
A PAC meeting on this issue has been called on January 20th, in
which the RBI governor Urjit Patel, finance secretary Ashok
Lavasa and economic affairs secretary Shaktikanta Das will be
"We have not yet received answers for the questions we have sent
to them. They will reply few days before the January 20th
meeting. Their replies will be discussed in detail," PAC
chairman and senior Congress leader KV Thomas said.
Asked if the PAC would call the Prime Minister if replies were
not satisfactory, he said: "The committee has all right to call
anybody involved in the matter. But that will depend on the
outcome of the January 20th meeting. We can call PM on
demonetisation issue if members unanimously decide."
In a meeting with the PM after demonetisation announcement made
on November 8, Thomas said, "I had met him and he said that the
situation will be normal after 50 days by December-end. But it
does not looks like."
So, PAC decided to call the top officials involved in the
decision-making process this month, he said, adding that the
demonetisation has impacted the country's economy.
"The PM is misleading the country to satisfy his ego. He is
trying to justify his wrong decisions. He has done in a callous
manner by introducing Rs 2,000 notes," he said.
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