On Wednesday, the government confirmed that new currency notes of ₹200 and ₹50 are being issued by the Reserve Bank of India. Since then, images of the new notes have gone viral on the internet. The new ₹200 note has already been introduced on Friday and ₹50 notes in a fluorescent blue will follow shortly. But on Thursday a flutter was created when a new note of ₹50 was reportedly seen in the possession of a man in Mumbai even before the currency note was formally issued.
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Initially, the new ₹200 note will not be available at ATMs, but disbursed through bank branches across the country. This is the third new currency note to be issued after ₹2,000 currency note since the demonetisation in November, 2016. ₹50 note will be the fourth.
The motif of Sanchi Stupa is on the bright yellow ₹200 notes while the motif of Hampi with chariot is featured on the currency note of ₹50.
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“There is a logical need to introduce the missing denomination of ₹200, which will make the present currency system more efficient,” the RBI said in a statement.
Twitter started getting flooded with quick reactions. Some wicked tweets compared the colour of the currency note with pulses as the price of pulses has risen up to ₹200, while others believe that it is a ‘new weapon’ to kill seculars. Some also suggested RBI should come up with ₹11,₹21 and ₹101 notes as it would be a big help for people who are looking for these exact amounts considered auspicious as “Shagun” amounts. Here are some of the reactions:
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