Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Why is 'Clean India' Logo on New Notes? RBI Refuses to Share Details

Replying to an RTI query, the central bank also did not give a copy of the guidelines on printing of advertisement -- including promotion of central government-run initiatives -- on the notes.

PTI

Updated:October 15, 2017, 12:51 PM IST
facebookTwitterskypewhatsapp
Why is 'Clean India' Logo on New Notes? RBI Refuses to Share Details
Reserve Bank of India (RBI) head office in Mumbai. (Image: Reuters)
Loading...

New Delhi: The Reserve Bank of India (RBI) has refused to share details of a decision to put the logo of Prime Minister Narendra Modi's pet project 'clean India mission' on the new Rs 500 and Rs 2,000 currency notes, citing security concerns among other reasons.

Replying to an RTI query, the central bank also did not give a copy of the guidelines on printing of advertisement -- including promotion of central government-run initiatives -- on the notes.

"The information on form, material, design and security features of bank notes, other than available in public domain, is exempt from disclosure in terms of Section 8 (1) (a) of the Right to Information (RTI) Act, 2005," the RBI said in response to the RTI application filed by a PTI correspondent.

The Section bars "information, disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the state, relation with foreign State or lead to incitement of an offence".

The central bank was asked to give a copy of the order, communication, letter or note sheet in which a decision regarding printing of Swachh Bharat or clean India mission's logo (spectacle frame) and message of 'Ek Kadam Swachhata Ki Aur' (a step towards cleanliness) on Rs 500 and Rs 2,000 currency notes was taken.

To a question on providing the copy of guidelines or any other norms that prescribe standard operating procedures for printing of advertisement including the promotion on the currency notes, the RBI did not give a direct reply.

"Indian bank notes contain design elements such as guilloche, flora pattern, motifs and security features," the central bank said.

The RTI query was filed with the Department of Economic Affairs (DEA) -- that deals with the policy formulation in respect of currency, coins and security documents, and planning, coordination issues related to printing and minting currencies and coins -- under the Finance Ministry.

The DEA had forwarded the application to the RBI for the response.

As per Section 25 of the RBI Act, 1934, the design, form and material of bank notes shall be such as may be approved by the central government after consideration of the recommendations made by central board of the Reserve Bank of India.

Modi had on October 2 2014 launched the clean India mission to make the country open defecation free and eradication of manual scavenging among other cleanliness related goals.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months. Use code FREEDOM.

| Edited by: Huma Tabassum
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 65.40 -8.15
Maruti Suzuki 6,228.90 0.61
Indiabulls Hsg 483.55 -7.26
Tata Motors 112.40 -9.25
SBI 277.40 -2.22
Company Price Change %Gain
Maruti Suzuki 6,222.95 0.39
Yes Bank 65.40 -8.21
Indiabulls Hsg 482.85 -7.40
Abbott India 8,945.00 -0.59
Tata Motors 112.30 -9.29
Top Gainers
Company Price Change %Gain
Hero Motocorp 2,714.25 1.69
Infosys 799.45 0.85
Bajaj Auto 2,764.80 0.80
Eicher Motors 16,000.50 0.66
Maruti Suzuki 6,228.90 0.61
Company Price Change %Gain
Hero Motocorp 2,716.90 1.78
Infosys 799.55 0.84
Bajaj Auto 2,761.75 0.69
HUL 1,854.00 0.70
Maruti Suzuki 6,222.95 0.39
Top Losers
Company Price Change %Gain
Tata Motors 112.40 -9.25
Yes Bank 65.40 -8.15
Indiabulls Hsg 483.55 -7.26
Tata Steel 343.00 -4.26
BPCL 327.80 -4.22
Company Price Change %Gain
Tata Motors 112.30 -9.29
Yes Bank 65.40 -8.21
Tata Steel 343.05 -4.26
Coal India 188.75 -3.33
ONGC 121.15 -3.12

Live TV

Loading...
Countdown To Elections Results
To Assembly Elections 2018 Results