In 2022, an activist named Manoranjan Roy filed a Right to Information (RTI) request with the three mints in India that print currency notes. The request sought information on the number of 500-rupee notes that were printed in the financial year 2016-17.
The RTI response revealed that a total of 8,810.65 million 500-rupee notes were printed by the three mints. However, the RBI's records showed that it had only received 7,260 million notes. This meant that there was a discrepancy of 1,760.65 million notes, which is worth approximately Rs 88,032.5 crore.
The RBI denied the allegations that there were missing notes, and said that the discrepancy was due to an "erroneous interpretation" of the RTI data. The RBI said that all banknotes supplied from the printing presses to the RBI are duly accounted for.
However, the activist has not accepted the RBI's explanation, and has filed a complaint with the Enforcement Directorate (ED) and the Central Economic Intelligence Bureau (CEIB). The ED and CEIB are investigating the matter.
The allegations of missing notes have raised concerns about the security of India's currency system. If there are indeed missing notes, it is possible that they could be used for illegal activities such as money laundering or terrorism. The investigation into the matter is ongoing, and it remains to be seen whether any wrongdoing will be found.
Here are some of the facts about the missing 500-rupee notes:
- The discrepancy was first revealed in an RTI response filed by activist Manoranjan Roy.
- The RBI has denied the allegations that there are missing notes, and said that the discrepancy is due to an "erroneous interpretation" of the RTI data.
- The ED and CEIB are investigating the matter.
- The allegations of missing notes have raised concerns about the security of India's currency system.
- The investigation into the matter is ongoing, and it remains to be seen whether any wrongdoing will be found.
No comments:
Post a Comment