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No plans to introduce Rs 1,000 notes; enough cash available: Das

In a series of tweets, Economic Affairs Secretary Shaktikanta Das said the focus is on increasing production and supply of Rs 500 and lower denomination currencies, while complaints of cash shortage are being looked into.

February 22, 2017 / 14:18 IST
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The Finance Ministry today ruled out re-introduction of Rs 1,000 notes and said logistics issues of reloading ATMs more frequently are being addressed.

In a series of tweets, Economic Affairs Secretary Shaktikanta Das said the focus is on increasing production and supply of Rs 500 and lower denomination currencies, while complaints of cash shortage are being looked into.

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"Enough cash available. Logistics issues of reloading ATMs more frequently being addressed," Das said.

He also requested people to desist from withdrawing more money than they need.