RBI employees Union Complain: In the ercent probe by the PAC committee, many RBI officials have revealed that there was great intervention by the Finance ministry in the working of the Reserve Bank of India that hampered it working. The decision of the government such as appointment of Urijit Patel replacing Raghuram Rajan as the Governor of RBI to administer the demonetisation policy of the goverment rendered the operations of the apex bank disturbed, Suryakant Mahadik the Head of RBI employee’s Union said in the protest.
RBI Employees Union complain of interference by govt
“We are not against the Centre’s decision for demoentsaition per se, but they did not take the RBI into confidence before doing so. Had the RBI Governor, Deputy Governor, and the Executive Director of the RBI been taken into confidence than the present crisis that we are witnessing at the village right now, wouldn’t have taken place”, Suryakant Mahadik said.
He further said that – “The Centre appointed a Joint Secretary to keep a watch on the operation and sometime intervention which is not right. We are only protesting the Centre’s intervention into the functioning of the RBI.”
The Executive President of the All India RBI employees’ Union, Gajanan Kirtikar said that the intervention by thye government into the functioning of the apex bank is rather “unfortunate”, it had been objected by the union and a written complaint was also written by the union on January 1 to the government.
“We request the Governor of the RBI, its highest functionary and protector of its autonomy and prestige, to do the needful urgently to do away with this unwarranted interference from the Finance Ministry and assure the staff accordingly as the staff feels humiliated”, the letter stated.