RBI resorts to jugglery of words to avoid sharing ‘Meeting Minutes’

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In a fresh case, the Reserve Bank of India (RBI) resorted to jugglery of words to deny information to an applicant under the RTO.  The RBI refused to share the minutes of meeting of the RBI central board of governors under the pretext that the applicant did not identify ‘information’

The Reserve Bank of India’s (RBI) reluctance to share information post demonetization is well known.  With each passing day, the RBI seems to be finding new ways to avoid sharing information. In response to an application under RTI seeking copies of the ‘meeting minutes’ of the RBI central board of governors for the last 4 years, the RBI asked the applicant to identify ‘information’ required.

What was sought from the RBI?

The RTI application to the RBI sought the meeting minutes since the Finance Minister Mr. Arun Jaitley told the Rajya Sabha that consultations at a very senior level of  the RBI on the issue of demonetization had started way back in the month of February 2016. He also mentioned that the RBI Board in the month of May 2016, as a part of these consultations, had decided to approve the design and taken a decision with regard to the high denominational currency which was required to be printed as a replacement currency.

RBI Meeting Minutes for Demonetization

The following specific information was sought from the RBI.

  • Copies of the minutes of all the meetings of the RBI central board of governors from January 2013 to January 2017
  • List of meetings held by the RBI central board of governors from January 2013 to January 2017 including the date, list of people who attended.

RBI’s jugglery of words to deny information

In response, the Central Public Information Officer (CPIO) of the RBI asked the applicant to identify ‘information’ since the minutes contained various information. The response went onto say that the applicant has not identified the information required and hence they cannot comply with the request. They advised the applicant to make a fresh application after identifying the information. To the second query, RBI in its response mentioned that 25 meetings of the central board of governors of the RBI were held during the given period.

RBI Meeting Minutes for Demonetization_2

Why is the response a cause for concern?

Section 2(f) of the RTI act defines ‘information’ as any material in any form that includes records, documents, memos etc. It also includes material held in electronic form. The minutes of meeting of the RBI central board clearly qualify as ‘records’ and ‘documents’. The applicant just sought the copy of the minutes. Hence the contention that the applicant did not identify ‘information’ does not hold water. In fact, the applicant has made it easy for the CPIO to disclose information because there is no culling or collation of information.

RBI Meeting Minutes for Demonetization_3

 The jugglery of words by the RBI looks like another attempt to deny information at any cost and this sets a dangerous precedent.

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