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No decision yet on further printing of Rs 2,000 notes: DEA Secretary Garg

There has been no recent decision regarding 2,000 rupee note production, says Garg

Reuters  |  New Delhi 

Money, Rs 2000, 200 notes, Rupees

India has not yet decided on further printing of 2,000 rupee notes as there are more than adequate notes of this denomination in the system, said.

Printing of notes is planned as per requirement, and now, 2,000 rupee notes constitutes 35 per cent by value of the total circulation, Garg added.

"There has been no recent decision regarding 2,000 rupee note production," Garg said in a tweet.

The comment comes a day after a media report, which stated that the government has stopped printing 2,000 rupee notes and plans to phase it out.

 

First Published: Fri, January 04 2019. 12:07 IST
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