New Update 2000 note: Deadline to exchange 2000 notes will be extended, 500 note will also be closed ? government gave statement

New Update 2000 note: Deadline to exchange 2000 notes will be extended, 500 note will also be closed ? government gave statement

The Reserve Bank of India has announced the withdrawal of 2000 notes from circulation in May and 30 September has been set as the last date for depositing these notes in banks. But, the question in the minds of the people is whether this deadline will be extended further? The parliamentarians have asked this question of the public to the government. However, the Finance Ministry has made it clear that the last date for depositing Rs 2000 notes in banks will not be extended, ie till September 30, you should deposit Rs 2000 notes kept with you in banks.

In the monsoon session of Parliament, many MPs including NCP MP Supriya Sule asked many questions to the government regarding the 2000 notes. In response to this, Minister of State for Finance Pankaj Chaudhary answered all the questions.

Question-answer regarding 2000 notes

The most important question regarding 2000 notes was asked whether the government intends to extend the deadline to change these notes after September, 2023, if yes, then give its details. In response to this question, Minister of State for Finance Pankaj Chaudhary said, “At present there is no such idea.”

At the same time, another Member of Parliament asked- whether the government is planning to demonetize other high value currency notes to eliminate black money. On this the government said that there is no such plan.

Does the government have any proposal to increase the supply of notes of other denominations or to reintroduce the Rs 1,000 note?

Minister of State for Finance said- According to RBI, the withdrawal of 2000 note was a currency management operation which was planned to avoid any inconvenience to the public or any disruption in the economy. In addition, there is sufficient buffer stock of banknotes of other denominations across the country to meet the requirements of exchange/withdrawal of ₹2000 notes.

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