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 a�?No plans to introduce a�?1000 notes. Focus is on production and supply of a�?500 and lower denomination notes.a�?
Mr. Das expressed concerns over the issues of cash shortage at ATMs and requested citizens not to overdraw amounts.
He also tweeted, a�?Complaints of cash out in ATMs are being addressed. Request everyone to draw the cash they actually require. Overdrawal by some deprives others.a�?