Govt. won’t share details on RBI chief’s posting

November 07, 2016 02:13 am | Updated December 02, 2016 01:55 pm IST - New Delhi:

The Centre has declined to share details on appointment of RBI Governor Urjit Patel and other candidates short-listed for the top post in the central bank, saying these are “cabinet papers” and cannot be made public.

Replying to an RTI query, the Cabinet Secretariat denied to share a copy of minutes of the meetings of the search committee for selecting the RBI Governor, details of the candidates considered by it and its recommendations.

“Information sought is exempted from disclosure under Section 8(1) (i) of the Right to Information (RTI) Act,” the Cabinet Secretariat said in reply to the RTI application. The Section bars disclosure of the Cabinet papers including records of deliberations of the Council of Ministers, Secretaries and other officers.

“Provided that the decisions of the Council of Ministers, the reasons thereof, and the material on the basis of which the decisions were taken shall be made public after the decision has been taken, and the matter is complete, or over,” the Section reads.

Mr. Patel was on August 20 named as the RBI Governor to succeed Raghuram Rajan, who demitted office on Sept. 4.

The Cabinet Secretariat said a Financial Sector Regulatory Appointment Search Committee has been constituted with the approval of the Appointments Committee of the Cabinet, which is headed by PM Narendra Modi, for recommending the names for appointment of chairperson and members of financial sector regulatory bodies.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.