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Parliamentary panel to call RBI Governor, Finance Ministry official

IANS  |  New Delhi 

The Standing Committee for on Thursday decided to call the Reserve of (RBI) Governor and a top ministry official to review the situation in the country following the government's move.

"RBI governor Urjit Patel and Economic Affairs Secretary Shaktikanta Das would be called most likely on December 15 to review the situation in the country following the move. The decision was taken unanimously by all the members of the committee," said an informed source.

"If not on December 15, they will be called depending on their availability," he added.

The Standing Committee for is headed by Congress leader M. Veerappa Moily.

Prime Minister Narendra Modi on November 8 announced that Rs 500 and Rs 1,000 notes will be demonetised from midnight. Subsequently, there has been a cash crunch across the country.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 01 2016. 19:50 IST