Wednesday, 24 April 2024

 

 

LATEST NEWS A big jolt to the BJP in Jalandhar! Young leader Robin Sampla joins the AAP Aam Aadmi Party thanks the court for the order to form a panel of AIIMS doctors for Arvind Kejriwal's health check-ups In Haryana, notification for the Lok Sabha elections will be issued on April 29 : Anurag Agarwal ‘Voter-in-Queue’ App to provide information on queues at polling centers - Anurag Agarwal Will Quit Politics If Aap Secures 13 Seats In Punjab : Amarinder Singh Raja Warring CGC Landran sets up IPR cell VIT-AP University Honoured with Prestigious CSR Outstanding University in Education Excellence Award for 2024 DC Aashika Jain Reviews the Checks imposed on the sale, supply and stock of Methanol/Industrial Spirit and Distilleries/Bottling Plants/ENA/Liquor Vends in the District BJP's good days became a dream, now Congress will bring happy days - Gurjit Aujla Two independents file nomination papers for 02-Srinagar Lok Sabha Seat Returning Officer Jammu PC assesses election preparedness ahead of polling CS assesses progress on development of youth Employment & Skilling portal Shinda Shinda No Papa: Gippy Grewal And Shinda Grewal Steal The Show In Hilarious Trailer Lt Governor conducts on-site inspection of SASB’s Office & Yatri Niwas at Pantha Chowk Lt Governor meets family members of the victims of Srinagar Boat Tragedy Lok Sabha Elections 2024 : DEO Reasi assesses election related arrangements in Mahore Lok Sabha Elections 2024 : General, Police Observers for Anantnag-Rajouri PC visit Shopian Arrangements for annual Kheer Bhawani Mela reviewed at Ganderbal Dish TV Revolutionizes Entertainment with ‘Dish TV Smart+’ Services Kia unveils unique camouflage for its first-ever Tasman pickup truck What Prime Minister Shri Narendra Modi has done for the country, no one else could have done," -Anil Vij

 

Centre desperate, hiding facts on economy : P. Chidambaram

Listen to this article

Web Admin

Web Admin

5 Dariya News

New Delhi , 31 Oct 2018

Former Finance Minister P. Chidambaram expressed concern on Wednesday on reports that the government had invoked a hitherto unused section of the RBI Act to direct the central bank to act at its bidding, saying it shows that the government is "desperate" and "hiding facts" about the economy."If, as reported, government has invoked Section 7 of the RBI Act and issued unprecedented directions to the RBI, I am afraid there will be more bad news today," Chidambaram said in a series of tweets.He said that the Congress governments did not invoke Section 7 in 1991 or 1997 or 2008 or 2013. "What is the need to invoke the provision now? It shows that government is hiding facts about the economy and is desperate," Chidambaram maintained.Section 7 of the RBI Act, 1934 allows the government to issue directions to the RBI, after consultation with the Governor of the bank, on issues of public interest.Former Finance Minister Yashwant Sinha, who is also a critic of the Narendra Modi government attacked the government alleging it of hell bent of destroying all the institutions of the country. "After CBI it is the turn of RBI. The government is hell bent on destroying all the institutions of our country. High time the people woke up to these surgical strikes against our own institutions," the former BJP leader said in a series of tweet."If indeed government has issued directives to the RBI, then its governor should resign forthwith," Sinha added.

 

Tags: P Chidambaram

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2024 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD