Black money did not come after demonetisation, 2000 note became king of fake market
Black money did not come after demonetisation, 2000 note became king of fake market
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To curb corruption, a few years ago the Modi government decided to ban demonetization. The government had stated that the purpose of the demonetization was to return black money. But now the decision of demonetisation to curb corruption is challenging its purpose. After the decision, the game of fraud is taking place from the new notes brought in the market. In this, the biggest share is of 2 thousand notes. Most cases are from Gujarat. After this comes West Bengal, Tamil Nadu, and Uttar Pradesh. According to the data of the National Crime Record Bureau, since demonetization, 2 thousand notes have a 56% share in the case of counterfeit notes.

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On 8 November 2016, along with Prime Minister Narendra Modi's announcement of the closure of 5 hundred and thousand notes, the security aspects of the new notes were also claimed, but the NCRB figures are telling something else. According to this, in the year 2017-2018, fake notes worth a total of 46.06 crores were caught. In this, the share of 2 thousand notes increased to 53.3% in 2017 and 61.1% in 2018.

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According to the RBI's 2018-19 report on this matter, during the year 2017-18, 17,929 fake notes of 2 thousand were found during bank transactions. The next year the number increased to 21,847. According to the data obtained from the National Crime Records Bureau, Gujarat has the highest share of 2 thousand in the fake currency seized. In 2018, 2 thousand counterfeit notes of 2000 rupees worth 6.93 crores were received from Gujarat, 3.5 crores from West Bengal, 2.8 crores from Tamil Nadu and Uttar Pradesh 2.6 crore. The special thing is that apart from Jharkhand, Meghalaya, and Sikkim, not a single fake note of 2 thousand was caught from Chandigarh, Dadar and Nagar Haveli, Daman and Diu, Puducherry.

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