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Why did government released 2000 rupee notes and did not introduce new 1000 rupee notes?
Can you tell me why the government released 2000 rupee notes and did not introduce new 1000 rupee notes?
The Indian government released the 2000 rupee note as a part of demonetization process in November 2016. The Rs 1000 note was discontinued in the process to curb black money and improve the digital payments ecosystem in the country.