RBI Governor Urjit Patel will brief a parliamentary panel on January 19 on issues concerning demonetisation and its implications on the economy, sources said.
The Standing Committee on Finance, which met on Thursday under the chairmanship of Congress leader M Veerappa Moily, was briefed about demonetisation by various experts. The experts, according to the sources, were divided on the Government’s decision of cash recall.
The committee, the sources said, has called Patel on January 19 to brief the members about the contours of demonetisation and also the efforts being made by the central bank to ease cash crunch in the economy.