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No decision to stop printing of Rs 2,000 notes: Finance ministry

The Union Finance ministry informed the Lok Sabha that no decision has been taken to discontinue the printing of Rs 2,000 denomination currency notes. In a written reply, minister of state for finance Anurag Thakur said printing of bank notes of particular denomination is decided by the government in consultation with the RBI to maintain desired denomination mix for facilitating transactional demand of public. During the year 2019-20 and 2020-21, no indent was placed with the presses for printing of Rs 2,000 denomination notes. 'However, there is no decision to discontinue the printing of Rs 2,000 denomination bank notes by the government,' the minister said. Thakur also informed that as on March 31, 2020, there were 27,398 lakh pieces of Rs 2,000 notes in circulation compared to 32,910 lakh pieces on March 31, 2019.

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