RBI / Where did the Rs 500 notes go 'missing'? 88 thousand crores is not getting any account

RBI: 500 rupee notes have suddenly disappeared from the market. 500 rupee notes worth about 88 thousand crores have gone missing. There is no account of these missing money. Let us tell you, RBI had printed 8810.65 million notes of 500 rupees. But, banks got only 7260 million notes. That is, about 176 crore 500 rupee notes have disappeared somewhere in the middle of the way. In such a situation, it is being called the biggest theft ever. If the value of these missing notes is taken out, then it is about 88 thousand crores. This has been revealed in an RTI report.

Let us tell you, the printing of notes is done in only four places in the country. RBI does the printing of notes in Dewas, Nashik, Mysore and Salboni only. In such a situation, between April 2015 and March 2016, 210 million 500 rupee notes were printed by Currency Note Press Nashik, notes worth about 88 thousand crore rupees are missing.

Revealed in RTI

According to the report of Free Press Journal, this has been revealed in an RTI report. Activist Manoranjan Roy raised questions on these notes through RTI. Manoranjan has raised questions regarding security on 1760.65 million missing notes. He said that questions arise on the note security of 88 thousand crores.

The activist showed these figures

According to FPJ, activist Manoranjan Roy wanted to know about these missing notes through RTI. According to the data received from RTI, the notes were printed in the Nashik unit between the year 2015 and March 2016. During that time about 375.450 million 500 rupee notes were printed. But only 345 million notes were found in the records of RBI. Let me tell you, Raghuram Rajan was the governor of RBI during the year 2015-2016. It was told in the RTI that between April 2015 and March 2016, 210 million notes of Rs 500 were printed. Which were sent to RBI.

Note press sent notes to central bank

In the press report that printed the notes in Nashik, it is said that they have sent the new 500 rupee notes to the Central Bank. However, there is no mention of this in the annual report of RBI available in the public domain. RBI did not even tell that it has sent these new Rs 500 notes. According to the activist, it is clear from this that RBI has not received 210 million 500 rupee notes.

500 notes mysteriously disappeared

According to a report published in The Free Press Journal, no one knows the whereabouts of 1,760.65 million 500 rupee notes that have mysteriously gone missing, which includes 210 million notes printed at the Nashik Mint from April 2015 to March 2016. The value of the missing notes is Rs 88,032.5 crore. Despite repeated attempts, the spokesperson of the Reserve Bank of India refused to comment on the notes going missing from the Reserve Bank vault.

Notes are printed here

India authorized note printing is printed at three government mints - the Indian Reserve Bank Note Mudran (P) Ltd., Bengaluru, the Currency Note Press, Nashik, and the Bank Note Press, Dewas, and sends them to the Reserve Bank of India Vault, which is the central bank of the Indian economy. are meant for onward distribution.

Big disclosure from RTI

The information was acquired under the RTI Act, which was acquired by activist Manoranjan Roy. 375.450 million new design Rs 500 notes were printed by the Nashik Currency Note Press, but only 345.000 million notes have been found in the Reserve Bank's records, which were printed from April 2015 to December 2016. Last month, in response to another RTI, the Nashik Currency Note Press said that 500 notes worth Rs 210 million were supplied to the RBI for the financial year 2015-2016 (April 2015-March 2016), when Raghuram Rajan was chairman of the Reserve Bank of India. was the governor.

Missing so many notes is not a joke

The Reserve Bank is indifferent about this huge discrepancy occurring in the Indian economy, in which there is such a huge discrepancy between the number of high-denomination Indian currency notes printed in mints and the total number received in the Reserve Bank vaults. The disappearance of 1,760.65 million notes is no joke. Manoranjan Roy said that this raises security concerns about our Indian economy and its stability. The RTI activist has written about this to the Central Economic Intelligence Bureau and the ED.

He has written to the Central Economic Intelligence Bureau and the Enforcement Directorate asking them to investigate irregularities in high value currency notes in crores printed in three minutes. Senior Reserve Bank of India official has defended the discrepancy. But, it is strange that the notes are taking so long to reach the Reserve Bank vault.

Leader of Opposition Ajit Pawar has made a sensational allegation of scam worth thousands of crores in currency printing press. In 2016, notes worth 88 thousand crores were printed in note factories. Although Ajit Pawar has alleged that it has not reached the treasury of the government. He has made this allegation by quoting a newspaper. Ajit Pawar has also demanded that RBI should give clarification on this.