Questions

As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, the RBI said today, indicating that just a miniscule percentage of currency was left out of the system after the government's unprecedented note ban aimed at curbing black money and corruption. The Reserve Bank of India (RBI), which has taken an awfully long time to count the currency that was returned in the limited period window provided by the government to exchange or deposit the demonetised currency, said in its Annual Report for 2017-18 that the exercise is finally over. 

CSE in its recommendation asked Indian regulator FSSAI to act immediately and ban the two chemicals.

It says that Indian bread manufacturer’ use two chemicals, banned in many countries but not in India, being used by bread industry are potassium bromate (KbrO3) and potassium iodate (KIO3).

The government (FSSAI) banned the use of potassium bromate as a food additive on the basis of the above recommendation.

The regulator had recommended to the health ministry removal of potassium bromate from the list of permissible food additives after a study by the Centre for Science and Environment (CSE).