Cost of a  ₹2000 currency note fell 65 paise or 18.4 per cent in 2018-19 (Reuters)
Cost of a 2000 currency note fell 65 paise or 18.4 per cent in 2018-19 (Reuters)

Here's how much printing cost of 2000, 500, 200 notes fell in 2018-19

  • Introduced after demonetisation in November 2016, 2000 notes are printed only by the Bharatiya Reserve Bank Note Mudran Pvt Ltd
  • The selling price of 2000 note from the BRBNMPL was 3.53 apiece in 2018-19

NEW DELHI : The cost of a 2000 currency note fell 65 paise or 18.4 per cent in 2018-19 compared to the year-ago period, according to official data. Introduced after demonetisation in November 2016, 2000 notes are printed only by the Bharatiya Reserve Bank Note Mudran Pvt Ltd (BRBNMPL) -- a wholly-owned subsidiary of the RBI.

According to data provided by the government to the Rajya Sabha on Tuesday, the selling price of 2000 note from the BRBNMPL was 3.53 apiece in 2018-19. It declined 65 paise from 4.18 apiece in 2017-18.

The data, provided by Minister of State for Finance Anurag Thakur in a written reply, showed that the selling price of a 500 note was 2.13 in 2018-19, lower than 2.39 in the same period a year ago. The selling price of 200 note per piece declined to 2.15 in 2018-19 compared to 2.24 in 2017-18.

These figures pertain to the notes printed by the BRBNMPL.

The Security Printing and Minting Corporation of India Ltd (SPMCIL) also prints currency notes. The selling price of a 500 note printed by SPMCIL was 3.375 in 2018-19, unchanged from the year-ago period. As per the data, the selling price of 200 note remained the same at 3.12 in 2018-19 and 2017-18. The expenditure incurred on printing of currency notes rose to 7,965 crore in 2017-18 (July-June) from 4,912 crore in 2016-17.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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