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RBI Governor Shaktikant Das RBI has decided to withdraw Rs 2000 notes from circulation. Will the government issue 1000 rupees note now after the 2000 rupees notes are discontinued…? Reserve Bank Governor Shaktikanta Das said that there is no plan yet to bring back Rs 1000 notes.
1000 rupees note was discontinued in 2016
While giving information, RBI said that in November 2016, the government had stopped the notes of 500 and 1000 rupees. People had to face a lot of trouble after the demonetisation that was done at that time. After this demonetisation, the government had issued a 2000 rupee note, but now once again it has been decided to withdraw this note from circulation.
The purpose of bringing 2000 rupees notes has been fulfilled
RBI said that at that time the system needed Rs 2000 notes. At present, notes of other denominations are available in sufficient quantity and the purpose of introducing Rs 2000 notes has also been fulfilled, due to which its printing was also stopped in the year 2018-19.
The time is 4 months
Talking to the media, Shaktikanta Das said that no one needs to worry much about changing the Rs 2000 note. Apart from this, there is no need for crowding in banks. You have 4 months time, you can exchange this note from the bank till 30th September.
He said that the effect of demonetisation of Rs 2000 notes will be very little on the economy. He said that Rs 2,000 notes are only 10.8 per cent of the total currency in circulation.
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