Is this new Rs2,000 banknote from RBI? Twitterati seems to think so

Leaked photos or a hoax?

By: Trends Desk | New Delhi | Updated: November 6, 2016 4:39 pm
rs 2000 note, rs 2000 rbi note, new banknote, new 2000 banknote, rs 2000 note real or hoax, rs 2000 note photos leaked, rs 2000 note rbi, indian express, indian express news Twitterati seem to be enthusiastically sharing the pictures of these pink Rs 2,000 banknotes online. (Source: Twitter)

Twitter is abuzz with images of several bundles of pink-and-white notes posing as the new Rs 2,000 denomination that the Reserve Bank of India reportedly intends to release into circulation soon. According to an October report, RBI has already completed preparations for introducing this high-value note into the Indian market soon.

Though indianexpress.com could not independently verify if the photos doing the rounds on social media are, in fact, leaked photos of the actual notes or a hoax, Twitterati seems to be enthusiastically sharing the pictures on the micro-blogging site.

The news follows a The Hindu Businessline article, dated October 21, which said the notes have already been printed at the currency printing press in Mysuru and they were already being dispatched. Nevertheless, there has been no official diktat from either the government or RBI regarding the issuing of any such banknote denomination.

So far, the highest denomination of note printed by RBI has been the Rs 10,000 note way back in 1938 and then in 1954. Currently, the highest denomination under circulation is Rs 1,000. Though, there has been a demand from certain quarters that both Rs 1,000 and Rs 500 denominations of banknotes be demonetised in order to prevent hoarding of black money.

For today, there seems to be much excitement in the World Wide Web regarding the possibility of a Rs 2,000 banknote coming soon. Check out some of the tweets:

 

What do you make of these tweets? What do you think will be the impact on the Indian economy, should such a Rs 2,000 denomination be introduced? Tell us in the comments below.

 

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First Published on: November 6, 2016 4:37 pm
  1. A
    Ali abbas
    Nov 8, 2016 at 3:31 pm
    I really appreciate Mr Modiji for this introduction,black money transactions will be blocked.
    Reply
    1. M
      Manan Sheth
      Nov 8, 2016 at 8:02 am
      SandT update:lt;br/gt;lt;br/gt;The big step to end black money in the country -this will follow with removal of 1000 rupee note lt;br/gt;lt;br/gt;Read carefully lt;br/gt;lt;br/gt;*RBI to issue ₹20v00 Rupees Notes coming February 2017*lt;br/gt;lt;br/gt;*Not just a piece of paper There is much more in this note Read the full content of this message*lt;br/gt;lt;br/gt;India is all set to add one more denomination to its currencies shortly. The Reserve Bank of India (RBI) will be issuing Rs 2,000 currency notes, the highest to come into circulation, even as some experts feel7 high-value denominations should be discontinued to curb black money.lt;br/gt;lt;br/gt;The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a *NGC (Nano GPS Chip)*lt;br/gt;lt;br/gt;*How the embeded NGC Technology Works?*lt;br/gt;The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked and located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency notelt;br/gt;lt;br/gt;*How will this help eradicate black money menace?*lt;br/gt;Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suious locations other than banks and other financial insutions. The information will be ped on to the Income Tax Department for further investigation
      Reply
      1. S
        sriram
        Nov 6, 2016 at 7:42 pm
        Wrong Doing by the Govt. as this would help Black Money Transaction, also it means our currency is being devalued in the global market, only when rupee depreciates does the govt start to circulate higher value rupee notes. Bad Sign if this is true for our economy
        Reply
        1. S
          S.Vaidyanathan
          Nov 7, 2016 at 8:45 am
          Govt./ RBI Should not issue ₹2000/- denomination notes. This clearly shows that Govt. Is not serious about tackling issue of black money fact they demonetise ₹ 1000/ and ₹ 500/- immediately before forthcoming election Common manvis not going to keep ₹2000/- notes. It will only help black money holders. In India all political parties are dependent on black money for funding their election expenses. So no wonder any political party coming into power are only posturing.
          Reply
          1. A
            Anil Chauhan
            Nov 6, 2016 at 2:58 pm
            RBI should not release Rs.2000/- Note as this will increase black money. Infact Rs. 1000 note currency should also ban in our country.
            Reply
            1. 철이 나
              Nov 8, 2016 at 7:10 pm
              Haha without new note release forcely made stop use cash. Great work. This is most stupidity job ever seen. Fight black money..? Its good. But this act? Stupid. Think about other people who doesnt have bank account right away.
              Reply
              1. A
                agg
                Nov 7, 2016 at 6:06 am
                These notes would be embedded with a NGC (Nano GPS Chip). it would be easy for the government to track these notes though satellite resulting in curbing black money.
                Reply
                1. B
                  Bryan Alex
                  Dec 12, 2016 at 8:53 am
                  Dear reader. My name is Phillip Adams from Texas U.S.A. Please allow me to introduce Bureau Riches to you. Bureau Riches is a political and diplomatic secrete international Money p-change transactions, BUREAU RICHES has connected to over 16 countries across the world and also has touched thousands of life's around the world and make them Rich forever especially people from those countries which their currencies (Money) are not tender value or spending value in other countries of the world.lt;br/gt;lt;br/gt; How will Bureau Riches make you rich? Example, we will print 100% quality of your country money in high denominations and large quany then supply it to you at your door step. Then your job is to it out in exchange of U.S. British Dollars, Pounds or Euros. then give us 80% of the acquired Dollars, Pounds or Euros. Please contact us for partnership and more details through this email address
                  Reply
                  1. T
                    tushar
                    Nov 6, 2016 at 7:46 pm
                    No ... it is a bad idea !!!
                    Reply
                    1. B
                      bhavesh patel
                      Nov 8, 2016 at 11:32 am
                      Govt./ RBI Should issue Rs 49/- and 99/- denomination notes
                      Reply
                      1. S
                        ss
                        Nov 15, 2016 at 10:39 am
                        good
                        Reply
                        1. C
                          Cops
                          Nov 13, 2016 at 11:47 am
                          I love modi but day by day I m Lossing my pions and beliefs on modi... Some where I agreed that impact on black money and fake money, but in current situation shows that they are set already and now common people are suffering... Also Big fail in black money by introduce 2000Rs note.
                          Reply
                          1. C
                            Cops
                            Nov 13, 2016 at 11:50 am
                            I m Lossing my pions and beliefs on modi... Some where I agreed that some effect on black money and fake money, but in current situation shows that they are set already and now common people are suffering... Also Big fail in black money by introduce 2000Rs note.
                            Reply
                            1. H
                              Heavenly Troopers
                              Nov 6, 2016 at 8:56 pm
                              This look rather ugly honestly..
                              Reply
                              1. D
                                Debabrata banerjee
                                Nov 9, 2016 at 3:21 am
                                I hope the heavy money of 2,000 and 500 rupees has been change threw reserve bank of India I hope it was good for India and those who have black money in India has a difficult attack for those people thankyou
                                Reply
                                1. R
                                  Rohit Agrawal
                                  Nov 8, 2016 at 7:13 pm
                                  Great step in the history of India. lt;br/gt;Now we will be able to witness a new era in which we the people of India would witness first step towards eradication of black money.lt;br/gt;Thank you Mr Narendra Modi.lt;br/gt;Hats off to you and your governance.
                                  Reply
                                  1. R
                                    rajkal
                                    Nov 6, 2016 at 11:38 am
                                    It is easy for Hawala traders for transportation. Half the weight and size
                                    Reply
                                    1. K
                                      kiran
                                      Nov 6, 2016 at 1:41 pm
                                      Going to Raise inflation in india if released
                                      Reply
                                      1. A
                                        abc def
                                        Nov 8, 2016 at 11:00 pm
                                        Right ,Becoz of the nano chip it might not have been very cost effective tò have a lower denomination .
                                        Reply
                                        1. N
                                          Niladrinath Mohanty
                                          Nov 6, 2016 at 10:29 pm
                                          The shows how inflation has ruined rupee.
                                          Reply
                                          1. M
                                            Mohammed
                                            Nov 7, 2016 at 3:58 am
                                            This NDA gov erasing hi ji from currency notes
                                            Reply
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