Tag: Fake currency note

Hailing Prime Minister Narendra Modi for demonetising Rs 1,000 and Rs 500 currency notes, Yoga guru Baba Ramdev today said printing of Rs 2,000 currency notes should also be stopped in future. ”The adverse effect of high denomination currency is evident as the fake currency in the denomination of Rs 2,000 notes has arrived (in the market). The bigger value note has the same problem for which Modiji has scrapped the other ones,” Ramdev told reporters here. “Fake currency note in high denomination is convenient for printing, transportation and difficult to trace. I feel the printing of Rs 2,000 note should be stopped in future,” he added. “In future, wherever there will be a strong need, cash should be used otherwise we should move towards a cashless economy. As we move ahead toward d...