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No plan to introduce new Rs 1000 note: Economic Affairs Secretary
After rumours of the government re-introducing the Rs. 1,000 appeared in media, the government has clarified that as of now it has no plans to introduce Rs. 1,000 notes.

It also said that the focus of the government this time is to increase the supply of lower denomination currencies.

"No plans to introduce Rs. 1,000 notes. Focus is on production and supply of Rs. 500 and lower denomination notes," Economic Affairs Secretary, Shaktikanta Das tweeted.

Das also said that the complaints of cash shortages at ATMs are being addressed. He also requested people to not withdraw more money than they require.

"Complaints of cash out in ATMs being addressed. Request everyone to draw the cash they actually require. Overdrawal by some deprives others," Das said in another tweet.

The government had on November 8, 2016 announced the decision to demonetise Rs.500 and Rs.1,000 notes. It had claimed that the move was taken to check black money and counterfeit notes. The value of demonetised currency notes stood at Rs 15.44 lakh crore.

Indian Express quoted a senior government official saying that the government is planning to launch the new Rs 1,000 notes. Though it was not clear when the new notes would be launched. 

The official also said that the government had initially planned to introduce the new notes in January, but the plan was delayed due to the 'pressing need to supply Rs 500 notes.'

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