Headlines
Focus is on printing Rs 500 notes, will soon meet shortfall: Gangwar
New Delhi, Nov 29 Union Minister of State for Finance Santosh Gangwar on Tuesday said that the Reserve Bank of India (RBI) was focussing all efforts to bridge the shortfall of the new Rs 500 currency notes.
"There is a shortfall of Rs 500 notes. But RBI is making all efforts and printing is on in full force. The focus is now on printing Rs 500 notes," Gangwar told CNBC TV18 in an interview.
He said it takes about 25 days for one lot of notes to be printed but still anywhere between 20,000-35,000 notes are being printed daily. Gangwar however refused to divulge the exact number.
"(As many as) 20,000-35,000 notes are being printed daily. I cannot tell you the exact figure. It takes 25 days for one note to be printed," he said.
The government had on November 8 announced the demonetisation of Rs 500 and Rs 1,000 currency notes with the aim of curbing black money and corruption.

6 hours ago
US tariff threat on EU 'absolutely unacceptable': Danish FM

8 hours ago
'Had a great time, thanks': US VP Vance responds to Gavin Newsom's criticism of his family trip to Disneyland

8 hours ago
US: Ganapathy Sachchidananda Swamiji leads global Bhagavad Gita festival in Dallas with 10,000 participants

10 hours ago
Deeply disturbed': Naveen Patnaik on reports of eggs hurled at Ratha Jatra devotees in Toronto; urges Odisha Govt, MEA to act

11 hours ago
Indian astronaut Shubhanshu Shukla undocks from ISS, begins journey back home

11 hours ago
As astronaut Shubhanshu Shukla heads home, political class celebrates the proud moment

11 hours ago
US: Devastating fire strikes assisted living facility in Massachusetts

13 hours ago
Prayers from ancient Hindu scriptures to open Corpus Christi City Council in Texas

13 hours ago
Diljit Dosanjh flashes a smile and waves at paparazzi in his first public appearance after ‘Sardaar Ji 3’ row

13 hours ago
Madhoo says ‘stress management equals time management’

13 hours ago
Smriti Irani offers prayers on first Sawan Somvar ahead of Kyunki Saas Bhi Kabhi Bahu Thi’ comeback

13 hours ago
First look of ‘The Revolutionaries’ builds anticipation for India’s fierce fight against British imperial power

13 hours ago
Isha Koppikar: Didn’t know it was okay to say ‘I’m not okay’