Is the central government going to close the 2000 pink note? A reply on the issue was tabled in the Lok Sabha on Monday on behalf of the government. With the government’s response, the 2000 note is starting to close. However, no official announcement has been made.
The government has told the Lok Sabha that not a single Rs 2,000 note has been printed in the last two years. The number of notes has also declined.
Minister of State for Finance Anurag Thakur gave information in the Lok Sabha regarding the 2000 note.
In 2018, 336.2 crore notes of Rs 2,000 were in circulation.
In 2021, the number of 2000 notes decreased to 249.9 crore.
What did Minister of State for Finance Anurag Thakur say about the printing of 2000 notes ?
Minister of State for Finance Anurag Thakur, in a written reply to a question in the Lok Sabha, said that 336.2 crore notes of Rs 2,000 were in circulation as on March 30, 2018, while on February 26, 2021, the number dropped to 249.9 crore.
No order has been issued for printing Rs 2,000 notes in 2020-21.
Anurag Thackeray said the decision to print any currency note was taken on the advice of the RBI to meet the demand for transactions of the people. He said no order was issued for printing Rs 2,000 notes in 2019-20 and 2020-21.
354.2991 crore notes were printed in 2016-17.
The Reserve Bank of India had stated in 2019 that notes worth Rs 354.2991 crore were printed in the financial year 2016-17. However, only Rs 11.1507 crore notes were printed in 2017-18. 4,669 crore notes were printed in 2018-19. It is being denied that this decision has been taken to curb black money. The government issued new 500 and 2000 notes in November 2016 after the 500 and 1000 rupee notes were devalued. In addition to the 2000 notes, the government also issued new notes of Rs 10, 20, 50 and 100.