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Senior government officials and Reserve Bank of India chief Urijit Patel today revealed what the new Rs 500 and 2000 notes will look like, announcing that these will be launched on Thursday, November 10.They were addressing a press conference to details next steps after Prime Minister Narendra Modi announced in an address to the nation that Rs. 1,000 denomination notes are being withdrawn from midnight. He said that such notes will become 'mere paper'.PM Modi said this was being done to tackle the menace of black money in the country, which has sapped the economy.The new series of Rs 500 notes, said economic affairs secretary Shaktikanta Das, will be called the Mahatama Gandhi series of bank notes and they also carry a picture of Delhi's Red Fort.The 2000 rupee note that is being introduced carries an image of the Mangalyaan to celebrate India's Mars mission, he said. Control rooms are being set up at the Reserve Bank and the Department of Economic affairs in the finance ministry to help in the transition.Tomorrow, Wednesday, the officials said, will be a bank holiday and the treasury will also be closed.
Google Images. The most comprehensive image search on the web. Rupees bundle png images, indian rupees png with transparent background Download Rupees bundle png images indian rupees with transparent background Home Objects Money. The Indian Rupee (sign: ₹; code: INR) is the official currency of India.The rupee is subdivided into 100 paise (singular paisa), though as of 2019, coins of denomination of 1 rupee is the lowest value in use.The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the.
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Mr Patel said the production of the new high denomination notes had been ramped up 'as of today and over the past months. Hence it was decided to introduce the scheme that the PM has announced.Mr Das called the government's decision to cancel the Rs 500 and 1000 notes 'a very bold, powerful and decisive step' to fight black money.