Free Press Journal

All about new Rs 500 and Rs 2,000 notes


In a historic move the NDA government announced the India’s highest denomination note of Rs 2,000 which is likely launched in February 2017.The announcement was made by the Prime Minister Narendra Modi, in a sudden address to the nation.

Also Read: Rs 500 Rs 1,000 notes won’t be legal tender- Modi

Modi announced that Rs 500 and Rs 1,000 denomination notes which are currently in use will be made illegal from midnight. He said that such notes will become “mere paper” and new Rs 500 and Rs 2,000 notes will be issued and this sudden change has resulted in a huge hue and cry among the general public.

The new 500 Rs note will look like old notes with grey color  and red fort printed on it  and 2,000 Rs note will be of Pinkish color and will have Indian satellite landing on Mars and both the notes will have Gandhi ji printed on them according to reports.