India: Not a single 2,000 note has been printed in the last two years

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Minister of State for Finance Anurag Tagore admitted this in the Lok Sabha, the center has not printed 2,000 notes in the last two years. In a written statement, Anurag said that at present 24990 lakh two thousand notes are circulating in the country.

This is 2.01 per cent of the total number of notes and 18.6 per cent of the total assets. Three years ago, there were about 336.20 lakh two thousand banknotes in the market. In other words, the number of 2,000 notes in the Indian economy has decreased in the last three years. The written statement said that the government decides to print any banknote. In consultation with the Reserve Bangkok. Basically, the steps that should be taken to facilitate human transactions are done.

Judging by everything, no note was printed in 2019 and 2020. Although many notes were printed in 2016-17, the number has gradually decreased in the last few years and no 2,000 notes have been printed since April 2019. The decision was made to curb black money and to keep people away from large denomination notes. After demonetisation in 2016, when the Center lifted one thousand notes, these two thousand notes came in its place. These large notes, which were in people's hands at first, gradually declined in use. This time the center sealed that word with information.