Revealed: The Cost Of Printing New 500, 2,000 Rupee Notes
Edited by Prashun Talukdar | Updated: Dec 20, 2016 19:37 IST
Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), which is a wholly owned subsidiary of Reserve Bank of India, is printing each new Rs 500 note at the old cost of Rs 3.09, while the cost for Rs 2,000 currency note is Rs 3.54.BRBNMPL in a reply to an RTI query by Neemuch-based Chandrashekhar Gaud said it charges the Reserve Bank Rs 3,090 for printing 1,000 notes of Rs 500, same as that for the old or the demonetised Rs 500 note.
For the Rs 2,000 denomination, RBI shells out Rs 3,540 for 1,000 pieces, the same rate as that for the demonetised Rs 1,000 note.
The central bank on Monday said it is issuing a new batch of Rs 500 notes in Mahatma Gandhi (New) series with the inset letter 'R' in both the number panels.
"In continuation of issuing of Rs 500 denomination banknotes in Mahatma Gandhi (new) series which are currently legal tender, a new batch of banknotes with inset letter 'R' in both the number panels, bearing the signature of Dr Urjit R Patel Governor, Reserve Bank of India, with the year of printing '2016' are being issued," RBI said in a notification.
Besides this, RBI also said it will shortly issue Rs 50 denomination notes in the Mahatma Gandhi Series-2005, with inset letter 'R' and 'L' in both the number panels.
"These banknotes (Rs 50 notes with insert letter L and R) have the ascending size of numerals in the number panels; the banknotes are similar to the banknotes of Rs 50 issued earlier in Mahatma Gandhi Series-2005," RBI said.
(With inputs from PTI)
Source : NDTV PROFIT NEWS
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