Special business news
4.18 is spent on the printing of a note of Rs. 2,000
140 rupees spent on the printing of 10 rupee notes of Rs. 2,000
Notes on one, two and five rupees have been discontinued due to expenditure on the printing of small notes
Compared to large notes, the business news of the government’s is that the expenditure on the printing of small notes is continuously increasing. For this reason notes of one, two and five rupees have already been closed.
According to the business news the information received from the Reserve Bank of India (RBI) under Right to Information (RTI), printing of a note of Rs 10has spent 70 paise, while a note of Rs 2,000 is printed for Rs 4.18.
But there is a huge difference in the value of both notes. Apart from this, the prices of paper printing notes are continuously increasing. A note worth Rs 10 was printed in 40 paise, which is now printed in 70 paise. For this reason, the cost of printing of small notes is increasing against the printing of big notes.
The difference between printing expenditure of Rs.135.82
Actually, a note of Rs. 2,000 is equal to 200 notes of 10 rupees. According to the business news information received from RTI, printing of notes worth Rs. 2,000 worth Rs. 140 is spent on printing. According to this, there is a difference of Rs 135.82 in the printing of both, which is quite high.
At the same time, financial experts say that the government had stopped the notes of one, two and five rupees for a period of time because the expenses of their printing were continuously rising. There was a time when the printing of one rupee note became more than its value.
21,000 crore spent on printing annually
According to the business news information sought by RTI activist Gaurav Agrawal, printing of large notes is much less compared to small notes. Due to this, the government is suffering a lot. At the same time, financial expert Ravi Singh says that the printing of the total currency is about 20-21 thousand crores annually.
This business news assessment was done a few years ago by the RBI. In view of this, rules were made against writing on notes, stains on them and making them dirty. After the introduction of this rule, the banks stopped taking such bad notes, so that the government is not required to spend on the printing of new notes in exchange for bad notes.
Note printing expenses (in rupees)
10 rupees 700
20 Rs 850
50 Rs 830
100 Rs 1,500
200 Rs 2,240
500 Rs 2,390
Rs 2,000 Rs 4,180
(Information received from RBI under RTI)
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