No plan to introduce Rs 1,000 note: Shaktikanta Das clarifies

NEW DELHI: Secretary, Economic Affairs, Government of India, Shaktikanta Das, had on Wednesday put an end to the speculations on introducing new Rs. 1000 notes. He tweeted “No plans to introduce ₹1000 notes. Focus is on production and supply of ₹500 and lower denomination notes.”

Mr. Das expressed concerns over the issues of cash shortage at ATMs and requested citizens not to overdraw amounts.

He also tweeted, “Complaints of cash out in ATMs are being addressed. Request everyone to draw the cash they actually require. Overdrawal by some deprives others.”

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