2000 Currency Notes: The Reserve Bank of India has decided to withdraw Rs 2,000 notes from circulation. Will be valid though. People who have Rs 2,000 notes can deposit them in any bank between May 23 and September 30. After this decision, the central government has once again come under attack from the opposition regarding demonetisation. Congress leader Rajeev Shukla said in Bengaluru that the Congress had already said that demonetisation was wrong, due to which people were upset. Discontinuing 500-1000 notes and bringing 2000 rupee notes and then closing it will cause unnecessary trouble to the people. Such decisions weaken the economy instead of strengthening it.
The Congress had already said that demonetisation was wrong due to which people were upset. Discontinuing 500-1000 notes and bringing 2000 rupee notes and then closing it will cause unnecessary trouble to the people. Such decisions weaken the economy instead of strengthening it: Congress leader Rajeev Shukla, Bengaluru pic.twitter.com/heQ9CrKyJT
— ANI_HindiNews (@AHindinews) May 19, 2023
The loss to the economy due to PM Modi
Delhi minister Saurabh Bhardwaj also hit out at PM Modi over RBI’s decision to withdraw Rs 2,000 notes from circulation. He said that this whole concept of demonetisation and then introduction of new notes was started by PM Modi. Due to this the economy has suffered. I don’t know now what will be the advantage and disadvantage of this new move, but I hope that the decision was taken by the experts.
Sushil Modi said – this is the second surgical strike on black money
Former Deputy Chief Minister of Bihar and BJP leader Sushil Kumar Modi said that this is the second surgical strike on black money, which will bring out whatever little black money is with the people. If America can run with 100 dollar note then what is the need of 2000 rupees in India? During demonetisation, the government had started printing Rs 2000 notes to give immediate relief to the people. This will not trouble the common man as he does not have Rs 2000 notes: Bha
Bihar | This is the second surgical strike on black money. During demonetisation, the government started printing Rs 2000 notes to give immediate relief to the people. This will not trouble the common man as they do not have Rs 2000 notes: BJP leader Sushil Kumar Modi pic.twitter.com/T4HWCywEEz
— ANI (@ANI) May 19, 2023
RBI said – no need to panic
The Reserve Bank will withdraw the Rs 2000 note from circulation, but it will remain legal tender. RBI said that Rs 2000 note will remain legal tender even after 30 September. RBI hopes that 4 months is enough time for people to exchange notes with banks. Most of the Rs 2000 notes in circulation will be returned to the banks within the stipulated deadline of 30 September. This is a regular exercise of RBI and people need not panic.
RBI says that from May 23, 2023, the limit of changing Rs 2000 notes to notes of other denominations can be increased up to Rs 20,000 at a time in any bank. All banks will provide deposit or exchange facility for Rs 2000 notes by September 30, 2023.
Read also: 2000 Rs Note: RBI will withdraw two thousand notes, will be able to deposit in any bank from tomorrow, September 30 is the last date
