(THIS ARTICLE IS COURTESY OF THE TIMES OF INDIA)
No plans to demonetise Rs 2,000 notes: Government
PTI | Updated: Apr 5, 2017, 05.15 PM IST
- Counterfeit currency that came into the market after demonetisation were made of low quality paper which was easy to make out
- The government is more alert and has taken many measures to curb fake currency: Kiren Rijiju
File photo used for representation.
NEW DELHI: There are no plans to demonetise the new Rs 2,000 currency notes, the government said on Wednesday, scotching “rumours” to this effect.
He was responding to a question by Congress member Madhusudan Mistry during Question Hour seeking to know if the government will demonetise Rs 2,000 currency notes as there were “strong rumours” in the market.
The minister said fake currency has mostly been seized from Gujarat and West Bengal. “But it is not correct that fake currencies cannot be identified. It is not true,” he said.
Counterfeit currency that came into the market after demonetisation were made of low quality paper which was easy to make out. But later fake currency notes with better quality paper started coming in, Rijiju said.
To have full effect, they should remove the 2000 Rs note. Crooks and hoarders have taken it directly from the bank during demonetization.
National Investigation Agency (NIA) has seized 22,677 new Rs 2,000 notes worth Rs 4.53 crore from Gujarat and West Bengal.