It didn't take long for fake notes of 2,000 rupees to start circulating after Prime Minister Narendra Modi announced demonetisation in November 2016, with one of its stated aims being to kill counterfeit currency, official data show.
According to the National Crime Records Bureau's (NCRB) latest report released on November 30, a total of 2,272 fake notes of Rs 2,000 denomination were seized in 2016. Since the Rs 2,000 note -- along with the new Rs 500 currency -- was introduced only after November 8, 2016, it means that those counterfeiting the notes got into the act very quickly.
In just 53 days between November 8 and December 31 last year, police and other government agencies seized 2,272 fake Rs 2,000 notes -- at a time when people across the country were struggling to get hold of the new currency.
The maximum number of these Rs 2,000 fake notes were seized in Gujarat (1,300), followed by Punjab (548), Karnataka (254), Telangana (114), Maharashtra (27), Madhya Pradesh (8), Rajasthan (6) and Andhra Pradesh, Arunachal Pradesh and Haryana (3 each). Jammu and Kashmir and Kerala accounted for two fake notes each. One such note was seized in Manipur as well as in Odisha.
The Rs 2,000 notes were part of the 281,839 fake notes of various denominations recovered from different locations across India.
When Modi announced the note ban, he said it was being done to end black money, counter terror financing and do away with counterfeit currency.
According to the National Crime Records Bureau's (NCRB) latest report released on November 30, a total of 2,272 fake notes of Rs 2,000 denomination were seized in 2016. Since the Rs 2,000 note -- along with the new Rs 500 currency -- was introduced only after November 8, 2016, it means that those counterfeiting the notes got into the act very quickly.
In just 53 days between November 8 and December 31 last year, police and other government agencies seized 2,272 fake Rs 2,000 notes -- at a time when people across the country were struggling to get hold of the new currency.
The maximum number of these Rs 2,000 fake notes were seized in Gujarat (1,300), followed by Punjab (548), Karnataka (254), Telangana (114), Maharashtra (27), Madhya Pradesh (8), Rajasthan (6) and Andhra Pradesh, Arunachal Pradesh and Haryana (3 each). Jammu and Kashmir and Kerala accounted for two fake notes each. One such note was seized in Manipur as well as in Odisha.
The Rs 2,000 notes were part of the 281,839 fake notes of various denominations recovered from different locations across India.
When Modi announced the note ban, he said it was being done to end black money, counter terror financing and do away with counterfeit currency.