Fake Currency: You have Rs 2,000 notes. So make sure to check if this note is fake or not. According to the data released by the NCRB recently, 60 percent of the fake notes seized in 2021 were Rs 2,000 notes. Let us tell you that in 2016, when the old notes of Rs 500 and Rs 1000 were withdrawn after demonetisation, when new notes of Rs 2,000 and Rs 500 were issued. When the government had said that the big objective of demonetisation is to eliminate fake currency.
According to the NCRB (National Crime Records Bureau), a total of Rs 20.39 crore worth of counterfeit notes were seized in 2021. Out of which fake notes equal to Rs 12.18 crore were of 2000 rupees. That is, 60 percent of the total seized notes were of Rs 2,000. According to NCRB, the seizure of counterfeit notes has increased compared to 2016. In 2016, where 15.92 counterfeit notes were seized. On the other hand, counterfeit notes worth Rs 28.10 crore were caught in 2017, Rs 17.95 crore in 2019, Rs 92.17 crore in 2020 and Rs 20.39 crore in 2021.
There has been a drastic reduction in the circulation of Rs 2,000 notes in the country. RBI released its annual report for the year 2021-22, in which RBI said that in 2020-21, the share of Rs 2,000 notes in the total currency circulation was 17.3 percent, it has come down. Now it is 13.8 percent.
According to the RBI report, in 2019-20, the number of notes of Rs 5,47,952 in the denomination of Rs 273.98 crore was in the circulation, which accounted for 22.6 percent of the total notes in circulation. It has come down to Rs 4,90,195 crore in 2020-21, of which the number was 245.10 crore. But in 2021-22, the number of Rs 2,000 notes in the total currency circulation further reduced to 214.20 crores, whose value is Rs 4,28,394 crores. Now the number of Rs 2,000 notes in the total notes circulation has come down to 1.6 percent in 2021-22, which was 2 percent in 2020-21 and 2.4 percent in 2019-20.
Let us tell you that as of March 31, 2018, Rs 336.3 crore 2,000 notes were in circulation, which was 3.27 per cent of the total notes in circulation and 37.26 per cent in value terms. But according to the figures of 31 March 2022, 214.20 crore 2,000 notes have remained in circulation. Which is 1.6 percent of the total notes and has been reduced to 13.8 percent in terms of value.
In fact, in December 2021, the government told Parliament that no fresh orders have been placed for printing Rs 2,000 notes since 2018-19. Explaining the reasons for the decrease in the circulation of 2,000 notes, the government said that since 2018-19, no fresh orders have been placed for printing notes, so there has been a decrease in the number of notes of 2,000. At the same time, due to the deterioration of notes, many notes are out of circulation, due to which their number has decreased.
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