Business Standard

The story of the Rs 2,000 note

Rumours of a sudden demonetisation of the Rs 2,000 note prior to elections are less farfetched than the events of November 8, 2016

cash, demonetisation, note ban, rupees
Premium

Devangshu Datta
It was a cricketing axiom that a wicketkeeper was only noticed when he fumbled; a keeper who flawlessly received every delivery and took all chances could play out a match without comment. That changed with coloured clothes and the “chirping” algorithm; nowadays a keeper is the team's designated sledger. Fumbles and missed chances are overlooked if he can get quick runs.  

The same axiom still holds true for currency notes, however.  A good currency note will be introduced without fanfare. It will be seamlessly integrated into transactions. It will be durable and incorporate security features that make it hard to forge. 

The
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in