₹2,000 notes not printed in last 2 yrs: Govt in Lok Sabha
New Delhi:16.03.2021
Currency notes of ₹2,000 denomination have not been printed in the last two years even as the quantum of India’s highest denomination currency note has come down, the Lok Sabha was informed Monday.
In a written reply, junior finance minister Anurag Singh Thakur said 3,362 million currency notes of ₹2,000 denomination were in circulation on March 30, 2018, constituting 3.27% and 37.26% of the currency in terms of volume and trade respectively. As of February 26, 2021, 2,499 million pieces of ₹2,000 notes were in circulation, constituting 2% and 17.8% of banknotes in terms of volume and value. “During the years 2019-20 and 2020-21, no indent has been placed with the presses for printing of ₹2000 notes,” he said. RBI in 2019 stated that 3,543 million notes of ₹2,000 were printed during the financial year 2016-17 (April 2016 to March 2017). However, in 2017-18, only 111.5 million notes were printed, which further reduced to 46.7 million notes in the year 2018-19. PTI
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