‘These apprehensions' issued on notes of 2,000 rupees currently put a stop
Tuesday - March 17, 2020 1:29 pm ,
Category : WTN SPECIAL
2,000 notes came in circulation after the demonetization
Not a single Rs 2,000 note printed in the current financial year; Questions arising in people's minds
MARCH 17 (WTN) - After the historic demonetization in 2016, the Rs 2,000 notes that came into circulation have always been a topic of discussion. When notes of Rs 2,000 came into circulation after the demonetization, it was being said that there is a chip in these notes, with the help of this chip, the location of these notes is known. However, later the Reserve Bank of India denied any such thing that any chip of any kind was attached to the Rs 2,000 note.
But even after this, Rs 2,000 notes have always been a topic of discussion. From time to time, there is a rumor that the government is going to take a big decision like demonetization once again, and this time the Rs 2,000 notes can be withdrawn from the circulation. At the same time, some people have also been told that the government has stopped the printing of Rs 2,000 notes.
But for your information, let us know that the apprehension of the people about the 2,000 rupee note has been proved right that the government has stopped the printing of 2,000 rupee notes. Let us know that in the current financial year 2019-2020 ending on March 31, not a single note of Rs 2,000 has been printed so far. The government has given this information in the Lok Sabha itself. However, the government has not yet decided whether to stop printing 2,000 rupee notes forever. At the same time, the government has also made it clear that the government has no plans to withdraw Rs 2,000 notes from circulation.
For your information, let us know that the decision to print any special banknote is taken only after talking to the Central Bank of India, Reserve Bank of India. According to the government, there was no need to print 2,000 rupee notes in the financial year 2019-2020. Hence, the printing of Rs 2,000 notes has not been done in the current financial year. Let us know that Rs 2,000 notes worth Rs 7.4 lakh crore have been printed so far. At the same time, the Rs 2,000 note with a face value of Rs 2,000 crore is in circulation.
As far as currency chests are concerned, Rs 2,000 notes with a face value of Rs 0.93 lakh crore are in currency chests. However, some time ago, some banks have withdrawn the facility of withdrawal of Rs 2,000 notes from their ATMs. At the same time, it is also saying that after depositing in the bank, notes of Rs 2,000 are not coming back in circulation in the market.
Both the central government and the Reserve Bank of India take the decision of printing notes after taking several aspects into consideration. Before printing new notes, the government decides to print notes only after taking into consideration aspects like inflation rate, GDP growth, necessary reserve stock, and mutilated notes. However, the government has made it clear that the government does not currently have any plans to withdraw Rs 2,000 notes from circulation. But on the notes of 2,000 rupees, there is always the doubt of the people that the government should not let them out of circulation overnight.
Although the government has assured the people of the country in the Lok Sabha that there are no plans to put 2,000 notes out of circulation, but the way Prime Minister Modi had taken the historic decision of demonetization overnight, people seem that the Modi government is gradually removing the 2,000 notes out of the circulation.
MARCH 17 (WTN) - After the historic demonetization in 2016, the Rs 2,000 notes that came into circulation have always been a topic of discussion. When notes of Rs 2,000 came into circulation after the demonetization, it was being said that there is a chip in these notes, with the help of this chip, the location of these notes is known. However, later the Reserve Bank of India denied any such thing that any chip of any kind was attached to the Rs 2,000 note.
But even after this, Rs 2,000 notes have always been a topic of discussion. From time to time, there is a rumor that the government is going to take a big decision like demonetization once again, and this time the Rs 2,000 notes can be withdrawn from the circulation. At the same time, some people have also been told that the government has stopped the printing of Rs 2,000 notes.
But for your information, let us know that the apprehension of the people about the 2,000 rupee note has been proved right that the government has stopped the printing of 2,000 rupee notes. Let us know that in the current financial year 2019-2020 ending on March 31, not a single note of Rs 2,000 has been printed so far. The government has given this information in the Lok Sabha itself. However, the government has not yet decided whether to stop printing 2,000 rupee notes forever. At the same time, the government has also made it clear that the government has no plans to withdraw Rs 2,000 notes from circulation.
For your information, let us know that the decision to print any special banknote is taken only after talking to the Central Bank of India, Reserve Bank of India. According to the government, there was no need to print 2,000 rupee notes in the financial year 2019-2020. Hence, the printing of Rs 2,000 notes has not been done in the current financial year. Let us know that Rs 2,000 notes worth Rs 7.4 lakh crore have been printed so far. At the same time, the Rs 2,000 note with a face value of Rs 2,000 crore is in circulation.
As far as currency chests are concerned, Rs 2,000 notes with a face value of Rs 0.93 lakh crore are in currency chests. However, some time ago, some banks have withdrawn the facility of withdrawal of Rs 2,000 notes from their ATMs. At the same time, it is also saying that after depositing in the bank, notes of Rs 2,000 are not coming back in circulation in the market.
Both the central government and the Reserve Bank of India take the decision of printing notes after taking several aspects into consideration. Before printing new notes, the government decides to print notes only after taking into consideration aspects like inflation rate, GDP growth, necessary reserve stock, and mutilated notes. However, the government has made it clear that the government does not currently have any plans to withdraw Rs 2,000 notes from circulation. But on the notes of 2,000 rupees, there is always the doubt of the people that the government should not let them out of circulation overnight.
Although the government has assured the people of the country in the Lok Sabha that there are no plans to put 2,000 notes out of circulation, but the way Prime Minister Modi had taken the historic decision of demonetization overnight, people seem that the Modi government is gradually removing the 2,000 notes out of the circulation.
