I am a student in IIT Kanpur.
I want to start up a bussiness for digital currency Exchange(as part time).
Example of Digital Currencies - egold,Libertyreserve,Paypal,MoneyBookers.
Actually problem is that on 21 Nov 2002, a newpaper "BussinessLine" has published this piece of information.
Sorry cannot post the URL.Please check by typing "egold illegal india" in google.
The summary of this report is "Use of `e-gold' in any transaction is violative of current regulations in force in India. Members of the public, banks, money-changers and other financial institutions are, therefore, cautioned against the use of `e-gold' as a currency in their transactions." This is said by RBI.
I have searched on RBI official website and Indian Penal Code website.Niether of them make even a single note of it.Even the RBI press notification section doesn't have any mention of it.
Now I want to file a RTI to find out whether it is legal to buy/sell/exchange these digital currencies within India or not.
WHOM SHOULD I ADDRESS MY QUESTION?
If RBI, then who is the PIO?
I am completely unknown with RTI and found it too informative on RTI official website.
Please tell me-
1)Whom should I address the question?
2)What to write in RTI application?
3)Who is PIO?
4)What is the mode of payment acceptable to them?
Can any body help me out?It will be a heavenly gift to me!!!!!!!
sir mai is tarah ki site ki tayree kar rahaa hu ! is baabat krpyaa jaanakaaree de ! hindi me bataaye to jyada acha hogaa