It seems that the government is intent on doing more to ease the situation that was brought on by the Demonetization last year. Many months later, it is often still hard to change the Rs2,000 notes. In small villages, especially remote ones, it can be downright impossible. Now the government is reportedly considering phasing them out, which seems like an obvious and sensible move.

According to the Economic Times, the RBI (Reserve Bank of India) has started printing Rs200 notes to ease the cash crunch, though they will only be distributed from banks and not through the ATMs.  The bills will most likely have advanced security features to prevent counterfeiting.

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