The immediate step of the Government toward Demonetization overnight caused a huge negative impact on the people.And it is now only people have returned to normalcy.But still there is an impact,exchanging 2000 rupees note just for a chocolate is still now impossible which almost make that note 2000 rupees note useless for daily needs.Now  people across India have confronted with a plethora of difficulties in making change of lesser denominations for Rs. 2000.



Viewing this as a big problem, the Reserve Bank of India (RBI) has took a step forward to bring out a solution for this issue.Working  towards it  a proposal to introduce notes of Rs. 200 denomination is planned to be in action.The board of RBI, includes RBI governor Urijit Patel and four deputy governors, has come to this decision at a meeting in the last month, March.




And the process of printing of the bank notes Rs. 200 is likely to start by the RBI after June, after getting  the government official approval for this lower denomination.According to RBI, the currency in circulation was more than thirteen lakh crore rupees, as on 24 March. But the central bank has not still disclosed the information of the demonetized notes it has got back from the people  through its vaccum suck move.



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