His comments came in the wake of media reports that the government has stopped the printing of the two thousand rupees currency notes.
A finance ministry official said there has been no decision regarding 2,000 rupee note production recently.
There are a total of 3,285 million pieces of Rs 2000 currency note right now.
The introduction of the currency note had drawn severa criticism in the wake of the Government demonetising the currency notes of the denomination of ₹1000 in November, 2016.
The share of the Rs 2,000 notes in the total currency in circulation has come down as well: In March 2018, it was recorded at 37.3 per cent, a fall of almost 13 percentage points from 50.2 per cent as of March 2017.
The government has taken this decision with a suspicion that the high-denomination banknote is being used for hoarding, tax evasion and money laundering. However, the cut in circulation doesn't translate into the note being deemed invalid. The RBI annual report for the year 2017-18 proved to be shot on their arm as it revealed that Rs 15.31 lakh crore worth currency notes were returned, meaning about 99.3 percent of the total currency notes which went out of circulation on a single day. In March 2018, it was recorded at 37.3 per cent, a fall of almost 13 percentage points from 50.2 per cent in March 2017.
We had earlier reported that RBI has stopped placing new orders of Rs 2000 currency note, and now, this is proved that Govt. understands Rs 2000 currency note is not a feasible option.
In 2016-17, 328.5 crore Rs 2,000 notes were in circulation.
"Printing of notes is planned as per the projected requirement". The remaining was in the lower denominations. He claimed that the government had made a decision to reduce the printing of Rs 2,000 notes at the time of their launch itself.
ThePrint's YouTube channel is now active and buzzing.
All of that culminates in the Dick Clark New Year's footage spinning upside down and flashing a brief glimpse of the Mind Flayer. Meaning that our next installment of Eleven and the gang will land on Independence Day, 2019.
Apple has been steadily raising the price of its newest and most powerful iPhones each year, with some models now topping $1,000. Major U.S. markets opened 1% lower, with the Dow falling more than 300, then over 600 points in morning trading.
In recent times, Manchester City had faced the most trouble from Liverpool both in Champions League and Premier League . Michael Owen is tipping Liverpool FC to secure a draw against Manchester City at the Etihad Stadium on Thursday night.
Mr Javid has appointed a "gold commander" to take overall charge of the situation and make strategic decisions about the response. Compared to other influxes of migrants and refugees, the numbers trying to cross the Channel recently are tiny.
China arrested Kovrig and Spavor separately after Canadian authorities detained a Chinese technology executive in Vancouver. China's Foreign Ministry said this month that McIver was undergoing "administrative punishment" for working illegally.
If the Vikings win, the most likely scenario would be a return trip to Soldier Field for a playoff game on January 5 or 6. He has 271 yards (209 rushing) the past two weeks and 460 scrimmage yards and three touchdowns over the past four games.
Henry Cuellar, D-Laredo, a member of the House appropriations committee, said in an emailed statement last week. Trump appears to have upped the ante, introducing closure of the border as another piece on the chessboard.
Officers from the Lexington Police Department in Kentucky were full of emotion and sans doughnuts after a box truck fire. Let's hope that these hardworking law enforcement officers get some more of their favorite sugary snack soon.
Ponting believes that Labuschangne will replace Finch in the playing XI for the fourth Test match in Sydney. Fifth-ranked Australia has added legspinner Marnus Labuschagne to its squad for the Sydney test.
Both the Taliban and the US are exhausted of war. "They're fighting hard but their losses are not going to be sustainable unless we correct this problem".
Juventus chief: We 'really like' Aaron Ramsey
It's going to be odd to see Aaron Ramsey out of an Arsenal shirt and it looks as if Juventus will be his next destination. He wanted to play today to help us, so maybe we can give him a few days rest to help us.
Pelosi says Democrats will give "nothing for the wall"
This is the Trump equivalent of "read my lips, no new taxes" only in this case I don't think he's likely to reverse course. By passing this bill in the Senate but blocking it in the House on Trump's order, Republicans boxed themselves in.
Brazil’s Jair Bolsonaro Hails Ties with Israel
An embassy transfer could put at risk lucrative Brazilian poultry and halal meat exports to Arab countries. He added: "We are happy to be able to start a new era between Israel and a great power called Brazil".