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Focus Now On Printing More 500 Rupee Notes, Says Government

The government these days stated that the brand new 500 and 2,000-rupee notes have been absolutely designed in house and so their security features are very at ease. To start with, Rs. 2,000 notes were circulated more aggressively as the quantity of cash in the economic system can be replenished at the earliest, now even 500 rupee notes are being driven, said Shaktikanta Das, economic Affairs Secretary, all through a press conference today evening.

New notes are completely indigenously designed. So, the safety capabilities are very effective.

Scenario is enhancing constantly. To begin with, Rs. 2,000 notes had been circulated greater aggressively as the amount (price) of cash within the economic system can be replenished on the earliest. Now, even Rs. 500 notes are being pushed.

Printing of all – 2000, 500, 100, 50, and 20 – rupee notes are being carried out concurrently.

Air lifting of notes is being performed anyplace necessary.

We are figuring out rural areas where there is a scarcity of coins and cognizance will be given these regions.

Regular surveillance is being finished and based totally on particular inputs based on facts mining.

Thereby primarily based on precise inputs, in addition action is taken by way of the tax officials. Those raids are carried out in a right deliberate manner.

You already heard the NITI Aayog to recognize how we plan to push for virtual transactions.

Three instances the normal yearly deliver of decrease denomination notes – a hundred, 50, 20 and 10 – have been supplied inside the last 5 weeks.

We’re double-checking the figures you spot in media reviews as there might be some cases of double counting. We have asked RBI and we will give the precise figures as soon as we have them.

The scenario is improving each day.I do no longer recognise what the authorities will say on December 30. You may have to be patient.

Extra than two lakh ATMs were recalibrated. The determine you see in some reports that best 13 per cent ATMs are dispensing coins are completely incorrect.

Demoneitsation: Govt says focus now on printing Rs 500 notes


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