IAF flew 625 tonnes of new notes after demonetisation: Dhanoa

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Press Trust of India Mumbai
Last Updated : Jan 05 2020 | 11:45 AM IST

Former Air Chief Marshal B S Dhanoa has said that after demonetisation in 2016, the Indian Air Force (IAF) transported 625 tonnes of new currency notes to various parts of the country.

The move to scrap the old Rs 500 and Rs 1,000 notes was announced by Prime Minister Narendra Modi on November 8, 2016.

Speaking at the Techfest event organised by the Indian Institute of Technology Bombay here on Saturday, Dhanoa said, "When demonetisation took place, we (IAF) took the currency and brought it to you. If one crore comes in a bag of 20 kg, I do not know how many crores we moved."

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First Published: Jan 05 2020 | 11:45 AM IST

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