No proposal to withdraw Rs.2,000 note

Gujarat Global News Network, Mumbai

The government on Friday categorically said there was no proposal to discontinue Rs 2,000 currency note. The government also informed the Lok Sabha that it had decided to conduct field trials of plastic currency notes of Rs 10 in five cities.

“There is no proposal under consideration of the government to stop Rs 2,000 note,” Minister of State for Finance P Radhakrishnan said in a written reply in the Lok Sabha to a question whether the finance ministry has any plan to stop the note in near future.

As regards plastic notes, the minister said: “It has been decided to conduct field trial of plastic banknotes in denominations of Rs 10 at five locations”. The trial would be conducted in Kochi, Mysore, Jaipur, Shimla and Bhubaneshwar, he said, adding that the note will be printed in Indian presses on imported substrate.

Rs.2,000 notes were introduced post demonization when the government scrapped old Rs 500 and Rs 1,000 notes.

For news in Hindi see our news daily Chaupal Chronicle



Please enter your comment!
Please enter your name here