Indian Currency: For your information, let us tell you that after the demonetization of new notes of Rs 2000, there is fear among the people. That the government can also remove Rs 500 notes from circulation. The government has now reacted on this. Along with this, the government has also announced its plan to re-issue Rs 1,000 note.

There was a demand from the Finance Ministry to demonetize 500 rupee notes and reintroduce 1000 rupee notes into the economy. The Finance Ministry, in response, refused to demonetise the Rs 500 notes. Along with this, the news of re-issuance of one thousand rupee note was also denied.

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The government had announced demonetization in November 2016. Old notes of Rs 1000 and Rs 500 were discontinued under this. The Reserve Bank issued new notes of Rs 500 and Rs 2000 in its place. However, the Reserve Bank has announced the withdrawal of Rs 2000 notes from circulation in mid-May this year. It is 30th September. When you can deposit Rs 2000 notes in the bank. The government has not even tried to extend this deadline. The government said there are adequate buffer stocks of bank notes of other denominations across the country.

Superfast News Coverage By YuvaPatrkaar.com Team

Publish Date: December 08, 2023  

Posted By Sunil

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