RBI rejects RTI seeking information on its correspondence with govt

The report mentioned the debate on disclosure of the RBI's failure to meet the flexible retail inflation target of 2-6% for three straight quarters between January and September

Responding to a Right to Information (RTI) appeal, the Reserve Bank of India has said that revealing remedial measures meant to contain inflation, and shared with the government after it failed to meet the flexible target last year, could lead to market disruptions and cause financial market volatility, the Mint reported.

The section of RTI Act cited by RBI is used to exclude sharing of information which could affect the sovereignty and integrity of India, security, strategic, scientific or economic interests of the state, relations with a foreign state, or lead to incitement of an offence.

Talking about the