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According to reports circulating on various media platforms including Mint, the notes that have gone missing are of the new Rs 500 design. The surprising thing is that the value of the missing notes is not 1000-500 but more than 88 thousand crore rupees. This has been revealed by the questions asked under Right to Information i.e. RTI.
Let us tell you that RTI activist Manoranjan Roy had asked questions in this regard and the figures he got in response are surprising. It is being told that the value of Rs 500 notes with the new design that have gone missing is Rs 88,032.5 crore. According to the information received, the three printing presses together printed 881.065 crore notes of 500 rupees with the new design, but the Reserve Bank received only 726 crore notes out of these. In total, 176.065 crore notes of Rs 500 went missing, whose value is Rs 88,032.5 crore. Notes are printed in three printing presses in India.
Mint has given these three figures. In response to RTI, Nashik Mint said that it supplied 166.20 crore notes of Rs 500 to the Reserve Bank in 2016-17. Similarly, during 2016-17, the Bengaluru Mint had supplied 519.565 crore notes and the Dewas Mint had supplied 195.30 crore notes. In this way, all the three mints together supplied 881.065 crore notes of Rs 500 to the Reserve Bank. At the same time, the Reserve Bank says that it has received only 726 crore notes of 500 rupees.
Nashik Mint printed 37 crore 54 lakh 50 thousand notes of the new design 500 during April 2015 to December 2016, according to the data received in RTI, while the Reserve Bank has a record of 34 crore 50 lakh notes. Of the total 176.065 crore notes that went missing, 21 crore were printed at the Nashik Mint from April 2015 to March 2016, when Raghuram Rajan was the governor of the Reserve Bank.
According to reports, RTI activist Roy has also sent this data to the Central Economic Intelligence Bureau and ED. He has demanded an inquiry into this mess. Nothing has been officially said about this matter from the Reserve Bank so far. After this information came to the fore, everyone is surprised that despite the printing and supply of notes with utmost security, how the notes went missing on such a large scale.
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