Finance Minister Arun Jaitley dispels rumours of ‘GPS chip’ in Rs 2,000 note

"From where did you come to know this? I haven't heard of it," Jaitley said when asked if the Rs 2,000 currency note, being issued by the government, had a chip to enable its satellite tracking.

By: IANS | New Delhi | Updated: November 9, 2016 8:20 pm

 

Finance Minister, Arun Jaitley, 2000 rupee notes, no gps in notes, 2000 rupee note GPS, demonetisation, curb black money, modi government, indian express news Union Minister for Finance and Corporate Affairs, Arun Jaitley

Finance Minister Arun Jaitley on Wednesday dispelled rumours of the Rs 2,000 note having a ‘micro nano GSP chip’ to enable its tracking through satellite. “From where did you come to know this? I haven’t heard of it,” Jaitley said when asked if the Rs 2,000 currency note, being issued by the government, had a chip to enable its satellite tracking.

WATCH VIDEO: Government Says New Currency Notes In ATMs From November 11

According to the rumours doing rounds on the social media, the currency note carries a chip that makes it detectable when a pile is kept together, and it can be also tracked via satellite.Jaitley was talking to reporters in New Delhi a day after the government, in a surprise move, demonetised Rs 500 and Rs 1,000 currency notes.