Explorer

Viral Sach: Will Rs 2000 note be phased out in June by government?

NEW DELHI: Right after the noise of GPS chips and radioactive ink in the recently introduced Rs 2000 notes, the latest rumour doing rounds about the 'pink notes' says that the notes will be phased out by the government by June 2016. "The government may 'ban' the new currency notes of Rs 2000 by June next year. The purpose of the introduction of new notes is to target black money hoarders systematically," the viral messages on social media said. After RSS ideologue S. Gurumurthy said that the newly issued Rs 2,000 currency note is a “stopgap arrangement” to tide over the cash crunch after demonetisation, such messages are widely shared on social media. According to the viral messages these notes will ultimately be withdrawn by the government. What Gurumurthy said: Gurumurthy, who is said to be in the loop all through the demonetisation process, said in an interview with India Today news channel that the Rs 2,000 note was introduced only to meet the demand-supply gap after Rs 500 and Rs 1,000 notes were sucked out of circulation. He said the banks would be asked to hold back Rs 2,000 notes and replace them with lower denomination notes. “We have phased out many series of notes like this in the past,” the reknowned chartered accountant said. What government says: S Gurumurthy has expressed his views. It's his suggestion, to accept it or not is up to the government. In a democratic country everyone has a right to offer suggestions and to express his views," Venkaiah Naidu, Minister of Urban Development, said. According to government sources, the Centre has no plans to withdraw Rs 2,000 currency note.
View More
Advertisement

IPL Auction 2025

Most Expensive Players In The Squad
Virat Kohli
₹21 CR
Josh Hazlewood
₹12.50 CR
Phil Salt
₹11.50 CR
View all
Most Expensive Players In The Squad
Rishabh Pant
₹27 CR
Nicholas Pooran
₹21 CR
Ravi Bishnoi
₹11 CR
View all
Most Expensive Players In The Squad
Jasprit Bumrah
₹18 CR
Suryakumar Yadav
₹16.35 CR
Hardik Pandya
₹16.35 CR
View all
Most Expensive Players In The Squad
Heinrich Klaasen
₹23 CR
Pat Cummins
₹18 CR
Abhishek Sharma
₹14 CR
View all
Most Expensive Players In The Squad
Ruturaj Gaikwad
₹18 CR
Ravindra Jadeja
₹18 CR
Matheesha Pathirana
₹13 CR
View all
Most Expensive Players In The Squad
Shreyas Iyer
₹26.75 CR
Arshdeep Singh
₹18 CR
Yuzvendra Chahal
₹18 CR
View all
Most Expensive Players In The Squad
Sanju Samson
₹18 CR
Yashaswi Jaiswal
₹18 CR
Riyan Parag
₹14 CR
View all
Most Expensive Players In The Squad
Venkatesh Iyer
₹23.75 CR
Rinku Singh
₹13 CR
Varun Chakaravarthy
₹12 CR
View all
Most Expensive Players In The Squad
Rashid Khan
₹18 CR
Shubman Gill
₹16.50 CR
Jos Buttler
₹15.75 CR
View all
Most Expensive Players In The Squad
Axar Patel
₹16.50 CR
KL Rahul
₹14 CR
Kuldeep Yadav
₹13.25 CR
View all
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Eknath Shinde Announces Shiv Sena Support To BJP CM Face, Leaves Final Decision With PM Modi
Eknath Shinde Announces Shiv Sena Support To BJP CM Face, Leaves Final Decision With PM Modi
Kailash Gahlot Resigns From Membership Of Delhi Assembly After Joining BJP
Kailash Gahlot Resigns From Membership Of Delhi Assembly After Joining BJP
Priyanka Gandhi To Take Oath As Wayanad MP Tomorrow, Will Join Mother & Brother In Parliament
Priyanka Gandhi To Take Oath As Wayanad MP Tomorrow, Will Join Mother & Brother In Parliament
India Welcomes Israel-Hezbollah Ceasefire Deal, Hopes For 'Stability In Wider Region'
India Welcomes Israel-Hezbollah Ceasefire Deal, Hopes For 'Stability In Wider Region'
Advertisement
ABP Premium

Videos

FIR Filed Against Sambhal MP Ziaur Rahman, Statement Released Amidst ControversyFIR Filed Against Sambhal MP Ziaur Rahman and Local MLA's Son in Controversial CaseSambhal Violence Sparks Political Firestorm, Congress MP Imran Masood's Strong Remarks | ABP NewsBreaking News: SP Leader Ram Gopal Yadav Reacts to Sambhal Violence | ABP News

Photo Gallery

Embed widget