Payment of Rs 2,000 show falls 65 paise per piece in 2018-19 length – Instances of India

NEW DELHI: The cost of a Rs 2,000 currency note fell 65 paise or 18.4 per cent in 2018-19 compared to the year-ago period, according to official data. Introduced after demonetisation in November 2016, Rs 2,000 notes are printed only by the Bharatiya Reserve Bank Note Mudran Pvt Ltd (BRBNMPL) — a wholly-owned subsidiary of…

Payment of Rs 2,000 show falls 65 paise per piece in 2018-19 length – Instances of India

NEW DELHI: The label of a

Rs 2

,000 forex show fell 65 paise or 18.4 per cent in 2018-19 when compared with the 365 days-within the past length, per official records.

Launched after demonetisation in November 2016, Rs 2,000 notes are printed handiest by the Bharatiya Reserve Bank Demonstrate Mudran Pvt Ltd (BRBNMPL) — a completely-owned subsidiary of the RBI.

In step with records equipped by the authorities to the Rajya Sabha on Tuesday, the selling label of Rs 2,000 show from the BRBNMPL used to be Rs 3.fifty three apiece in 2018-19.

It declined 65 paise from Rs 4.18 apiece in 2017-18.

The records, equipped by minister of sing for finance Anurag Thakur in a written reply, confirmed that the selling label of a Rs 500 show used to be Rs 2.13 in 2018-19, lower than Rs 2.39 within the same length a 365 days within the past.

The promoting label of Rs 200 show per piece declined to Rs 2.15 in 2018-19 when compared with Rs 2.24 in 2017-18.

These figures pertain to the notes printed by the BRBNMPL.


The Security Printing and Minting Company of India Ltd (SPMCIL) also prints

forex notes

.


The promoting label of a Rs 500 show printed by SPMCIL used to be Rs 3.375 in 2018-19, unchanged from the 365 days-within the past length.


As per the records, the selling label of Rs 200 show remained the same at Rs 3.12 in 2018-19 and 2017-18.


The expenditure incurred on printing of forex notes rose to Rs 7,965 crore in 2017-18 (July-June) from Rs 4,912 crore in 2016-17.


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