Friday, September 30, 2022

Printing of 2000 notes closed, now only such notes are in trend!

On 8 November 2016, the Modi government had removed 500 and 1000 rupee notes in the country. After this note ban, a new note of 500 rupees and 2000 rupees came into circulation. The 2000 notes were the highest trend in the country during the year 2017-18. During this time, 33,630 lakh notes of 2000 were in circulation in the market. Their total value was 6.72 lakh crore rupees. 

After demonetization, 2000 notes issued in large numbers are no longer in circulation. Their number decreased by 9,120 lakhs i.e. 27%. In this way, 2000 notes of 1.82 lakh rupees have been left out of the market. 

Minister of State for Finance Anurag Thakur had given this information in the Lok Sabha that for the last two years, not a single note of 2000 rupees has been printed. Actually, after negotiating with the RBI, the government decides on the printing of notes. Since April 2019, the central bank has not printed a single 2000 note. This is also mentioned in his annual report. So where did these notes go? 

ALSO CHECK: Get a tremendous discount with Firsrtcry Coupon Code and Myntra Coupons

There is no information about these 2000 notes which were out of circulation in the RBI annual report. But the central bank has made it clear that it has stopped printing them, so new banknotes of 2000 notes are not reaching the bank branches nor people are getting them from ATMs. 

Experts say that there is every possibility that 2000 notes are being deposited as black money due to high value. In 2016, even at the time of demonetization, the experts expected to return the currency of Rs 4 to 5 lakh crores. However, after that RBI said in its annual report that about 99% of the old 500 and 1000 rupee notes were withdrawn. 

According to the RBI report, till March, only 24,510 lakh notes of 2000 rupees are left in circulation in the country. Their total value is 4.90 lakh crore rupees. Although 2000 rupee notes may have decreased in circulation, other banknotes such as 500, 200 rupee notes have increased. During this time the use of cash has also increased in the country.



Please enter your comment!
Please enter your name here


Most Popular



PIB Fact Check: Important news for daughters, will you also get 5000 rupees every month? do this work immediately

Central Government Schemes: Many government schemes are run by the central government, in which financial assistance is given to people of every class. Along...

8th Pay Commission: Salary of central employees will increase with the new formula! Finance Minister gave big information in Lok Sabha

8th Pay Commission: Good news is coming continuously for the central employees this month. There has also been a fresh update on the 8th...

GST revenue: The government’s record-breaking earnings for the month of July came from GST.

GST Revenue Received: The Center's Modi administration brought in a record amount of GST revenue in July. With GST, the government has made a...

PM Fasal Bima Yojana: Take advantage of the government’s programme that offers compensation for crops damaged by rain or storms.

We'll tell you about a bold plan the Indian government is implementing today. Pradhan Mantri Fasal Bima Yojana is the name of the programme....

Sukanya Samriddhi Yojana: Three daughters got lottery, Modi government will give special discount on Sukanya Samriddhi Yojana, check full details

Sukanya Samriddhi Yojana: At present, 7.6 percent interest is available in Sukanya Samriddhi Yojana. Those investing in it get an income tax exemption of...

Most Popular


* indicates required