Thursday, 20th February, 2020


Note counting done long ago; publishing demonetization data took time due to slow BSNL Internet: RBI

13, Sep 2017 By itsmihir1993

In another unexpected defence to silence the critics on demonetisation, the Reserve Bank of India (RBI) Governor Urjit Patel addressed the media to inform that publishing the demonetisation data took long due to slow BSNL Internet in the RBI premises.

In the press conference, RBI Governor Urjit Patel explained that the notes deposited in the bank during demonetisation were counted by the end of March earlier this year. However, due to slow BSNL Internet, uploading the data took a lot of time and the figures could not be published before August.

Special measures were taken at the Reserve Bank of India to ensure the smooth uploading of the demonetisation data. “I had asked all the RBI employees to stop downloading movies from Torrent while the data were being uploaded. By doing so, it took us only five months to upload the entire data report which amounted to a file sized 6 MB,” said Patel.

“I am surprised that this time around, the RBI Governor spoke about currency notes despite our Prime Minister being in the country during that hour. Governor Urjit Patel has never spoken in the past; he is just another Manmohan Singh,” said Congress Vice President Rahul Gandhi, taking a dig at Urjit Patel, Narendra Modi, and his own Congress party. He further explained that his statement is the perfect example of ek teer se teen shikaar karna.

By the time we reached PMO to get Narendra Modi’s views on the defence, he had left for a 4-nation tour to learn about international techniques of cow protection. However, BJP President Amit Shah was available for comments. Fearing pressure from our editorial team to get an exclusive quote from any political leader, we ended up speaking to him. “Slow Internet connectivity is a technical problem, and the nation will have to deal with it until our friend Mukesh Ambani gives us unlimited high-speed Jio data,” said Shah.