The conversation between human and AI assistant.
Why did Indian Government introduced ₹2000 note instead of the new ₹1000 note? Meanwhile, they introduced the new ₹500 note for old ₹500 note.
Can you tell me why the Indian government introduced the ₹2000 note instead of just releasing a new ₹1000 note?
The Indian government introduced the ₹2000 note and the new ₹500 note as a part of demonetization to curb black money and promote digital transactions. The decision to introduce a new ₹1000 note was not taken as it could have led to the hoarding of cash by corrupt individuals.