Government reveals how much it costs to print new Rs 500, Rs 2000 notes - News Summed Up

Government reveals how much it costs to print new Rs 500, Rs 2000 notes


Highlights 1 Each Rs 500 note costs between Rs 2.87 to Rs 3.09 to print. 2 The printing cost of a Rs 2,000 note is between Rs 3.54 to Rs 3.77. The government on Wednesday revealed that it costs between Rs 2.87 to Rs 3.09 to print the new Rs 500 note and between Rs 3.54 to Rs 3.77 for a Rs 2,000 note. He was responding to a question asked on the cost of printing each of the new Rs 500 and Rs 2000 note. Post demonetisation, RBI received Rs 12.44 lakh crore in the form of the old Rs 500 and Rs 1,000 notes, as of December 10, 2016.


Source: India Today March 15, 2017 20:57 UTC



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