What is interesting is that the Rs 2000 currency notes in circulation have declined from 3,362 million pieces in 2018 to 2,142 million pieces in 2022, this marks a percentage decline of over 36 per cent.
India Business News: The govt said that no new Rs 2,000 notes have been printed since April 2019, in an attempt to prevent its hoarding and curb the circulation of black m
Rs 2,000 notes not printed in last 2 years: Govt in Lok Sabha
By PTI| Updated: 15th March 2021 7:13 pm IST
New Delhi: Rs 2,000 currency notes have not been printed in the last two years even as the quantum of India’s highest denomination currency note has come down, the Lok Sabha was informed Monday.
In a written reply, Minister of State for Finance Anurag Singh Thakur said 3,362 million currency notes of Rs 2000 denomination were in circulation on March 30, 2018, constituting 3.27 per cent and 37.26 per cent of the currency in terms of volume and trade respectively.
As of February 26, 2021, 2,499 million pieces of Rs 2,000 notes were in circulation, constituting 2.01 per cent and 17.78 per cent of banknotes in terms of volume and value, respectively.