Monday, July 17, 2017

No plans to introduce Rs 21 and 51 notes: Meghwal | Tv6 Updagtes

No plans to introduce Rs 21 and 51 notes: Meghwal

MoS for Finance also said there was no proposal to demote the currency notes of Rs 50 and Rs 100.
New Delhi: The Government today informed Parliament that it does not consider any proposal to present currency notes Rs 21 and 51. "There is no proposal to introduce currency notes of the denomination Rs 21 and Rs 51, "said Finance Minister Arjun Ram Meghwal in a written response to Lok Sabha.

Meghwal answered a question posed by the BJP MP and film actor Paresh Rawal. In another reply, he stated that there was no proposal to de-rate currency notes of Rs 50 and Rs 100.

The government had already stated that it had no plan to go out with tickets Rs 5,000 and Rs 10,000. The government recently introduced Rs 2,000 note with a new Rs 500 note following the demonetisation that discarded 86% of the currency in circulation on November 8th.
Economic Secretary Shaktikanta Das said last month that the government had no plan to reintroduce Rs 1000 notes. Meghwal in another reply said that 310 cases were registered for counterfeit coins in 2014 when there were 38 cases registered in 2015.
"In 2016 the Delhi police unearthed two fake coin factories in Bawana and one case was recorded in October 2016. The counterfeit coins Rs 5 and Rs 10 valuing Rs 6.37,500 were recovered in the case" did he declare.

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