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Wednesday, April 30, 2025
TopicCounterfeit currency

Topic: counterfeit currency

Demonetisation failure? Rs 500 & Rs 2,000 notes together make up 50% of counterfeit notes detected

Ministry of Finance informed Parliament govt implemented demonetisation to reduce incidence of fake notes. But counterfeiting of high value currency has risen sharply, fresh data shows.

Fake banknotes seized in India doubled after demonetisation, Gujarat topped list: NCRB

National Crime Records Bureau’s report for 2017 says new Rs 2,000 note, released after demonetisation, accounted for more than half the seized currency.

Central Information Commission wants data on Rs 2,000 & Rs 500 notes printed disclosed

The RBI subsidiary that prints currency notes had earlier claimed that the information cannot be shared with people because of several reasons.

RBI data reveals demonetisation was the epitome of whimsical, illogical policymaking

The government wanted demonetisation to combat three problems. None of them seem to have been solved. 

On Camera

Thali has gotten more expensive since 2020—2.3% of Indians can’t afford 2 veg meals a day

Original Thalinomics highlighted falling food prices. The updated analysis using HCES 2023–24 suggests that food access remains limited for a significant share of Indian households.

Hints of thaw in US-China tariff war—as Trump says duties to ‘come down’, China open to talks

Trump has expressed optimism about reaching a tariff agreement ‘pretty quickly’, while Xi said that tariff & trade wars undermine the legitimate rights and interests of all countries.

Ultra & Alpine Quest—technologies that keep Pakistani terrorists, especially LeT, going in J&K

The first recovery of ‘Ultra’ sets happened in 2023 in the Jammu region and not Kashmir.

Pakistan ISI is killing Hindus for 45 years. To turn India into a nation at war with itself

At some point, Pakistan’s calculation has been, Hindus will rise in reprisal against their own minorities. That’s a crisis ISI has been conjuring up in India. A nation at war with itself.