New Notes of Rs 1,000: Government has no plan to introduce new currnecy, says Shaktikanta

Posted on by Saurav Khanduri

New Notes of Rs 1,000: While denying rumours over the reintroduction of Rs 1,000 denomination, Economic Affairs Secretary Shaktikanta Das has said that government has still no plan to introduce the new currency notes of Rs 1,000.

Putting a tweet on the twitter, Das said, “that the government has no plans to introduce the new currency notes of Rs 1,000. He added that the focus presently is on production and supply of Rs 500 currency notes and those of the lower denominations”.

New Notes of Rs 1,000: Government has no plan to introduce new currnecy, says Shaktikanta

 Earlier, government has plan to launch new notes of  Rs 1000

Prior, a senior government official had said that the Reserve Bank of India and the government are planning to introduce the new series of Rs 1,000notes. He mentioned that the plan was to launch the currency notes in January but the plan was delayed due to vital need to supply Rs 500notes.

After an announcement of demonetization by Prime Minister Narendra Modi on November 8, all the old notes of Rs 500 and Rs 100 were recalled from the market by RBI and released new currency notes of Rs 500 and Rs2, 000 with higher security features.

New Notes of Rs 1,000: Shaktikanta put rumours to rest

There have been rumours doing rounds on social media about the return of Rs 1,000 currency notes in blue colour with the picture of Mangalayaan at the back, like in all other newly issued denominations of Rs 500 and Rs 2,000. But, after the clarification from EFC Shaktikanta Das, all the rumours have been put to rest.

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