Note ban: FinMin officials set to depose before PAC
February 10, 2017 09:21
Rajeev Sharma tells us: Parliament's Public Accounts Committee will meet on Friday on the issue of demonetisation.
Top finance ministry officials will depose before the parliamentary panel including Economic Affairs Secretary Shaktikanta Das, Revenue Secretary Hasmukh Adhia and Banking Secretary Anjuly Duggal.
Reserve Bank of India Governor Urjit Patel appeared before the PAC on January 20, two days after his deposition before another parliamentary panel, the standing committee on finance.
The finance ministry's top brass had been summoned by the PAC last month along with Dr Patel, but the PAC agreed to their request for another date as they were busy with preparation of the Budget.
This will be the first time when the finance ministry's top officials will depose before the PAC on demonetisation.
Significantly, the Modi government has not yet given the exact number of cash deposits received by the banks, post offices and cooperative banks during the 50-day window given by the government which closed on December 30.
The RBI governor too declined to disclose the number of cash deposits, saying that the counting was still on. The finance ministry officials are also likely to duck this question today.
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