No Target of Printing New Notes Worth Entire Rs 15.44 lakh cr: Government
15 Dec, 2016 20:16 IST|Sakshi
Economic Affairs Secretary Shaktikanta Das
New Delhi: The Union government on Thursday said that it has no intention of printing new notes worth the entire Rs 15.44 lakh crore that was in circulation in high denomination notes before demonetisation.
Das said that by December-end, government would have put about 50 per cent of Rs 15.44 lakh crore in circulation.
Das also said that in the past five weeks, the Reserve Bank of India has supplied three times of the quantum of lower denomination currency in the markets before demonetisation.
--IANS
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demonetisation Economic Affairs Secretary Shaktikanta Das printing new currency notes