..........Interestingly, the delegation is not absolute as it comes with a ‘public interest’ rider. The notification says that the move is subject to a condition that “the central government may revoke such delegation of powers or may itself exercise the powers under the said sections, if in its opinion, such a course of action is necessary in public interest.” Thus, while RBI will have new powers, the government acting through MCA will have a veto.........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment