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Lok Sabha panel discusses note ban
The experts, according to the sources, were divided on the government's decision of cash recall.
New Delhi: 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.
Independent experts who offered their view before the panel were noted economists Rajiv Kumar and Mahesh Vyas, former chief statistician Pronab Sen and NIPFP's Kavita Rao. The experts, according to the sources, were divided on the government's decision of cash recall.
The panel also sought to know from the experts their opinion on the existing cash to GDP and tax to GDP ratios.
