My View on "An appeal to the Hon'ble Members of the Central Bo...":
The relevant provisions for notification came into being much later than RBI (Staff) Regulations, 1948 and if the Regulations were to be notified it should have been done simultaneously with introduction of the provision in the statute (if this position is wrong, someone who has information may please enlighten). By discussing this issue at this stage, some officials who plead ignorance about past and depend on hearsay are diverting attention from more important issues. If at all the Regulations are to be notified, it is for Finance Ministry to do it in consultation with RBI and the notification should be of the Regulations as they stand today (i.e.without fresh amendments or additions to accommodate afterthoughts).
- M.G.Warrier
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