While Accounts Abbot Nirmala Sitharaman said at the Rajya Sabha on Tuesday that accession of Rs 2,000 addendum is on the decline, the bill additionally forms a aggregate of unaccounted assets and assets. According to the abstracts quoted by FM Sitharaman, 43.22 per cent of unaccounted banknote bedeviled in the accepted banking year till date were in the church of Rs 2,000. The bulk was added than 60 per cent in the aftermost two fiscals.
In a accounting acknowledgment to Rajya Sabha, FM Sitharaman, commendation an assay of chase cases involving banknote seizures of added than Rs 5 crore, said that Rs 2,000 agenda formed 67.91 per cent, 65.93 per cent and 43.22 per cent of the banknote bedeviled in banking years 2017-18, 2018-19 and 2019-20 (till date).
The government emphasised that a crumbling trend was arresting in the accession of Rs 2,000 notes.
“To accompany accuracy in the antecedent of allotment to political parties, the accoutrement of area 13A of the Act accept been adapted to inter alia accommodate that no donations of Rs 2,000 or added shall be accustomed contrarily than by an annual beneficiary cheque fatigued on a coffer or an annual beneficiary coffer abstract or use of cyberbanking allowance arrangement through a coffer annual or through balloter bonds,” said the accounts minister.
The Rs 2,000 addendum were alien on November 8, 2016 back Prime Abbot Narendra Modi appear the demonetisation of Rs 500 and Rs 1,000 notes. The advertisement of Rs 2,000 addendum was met with criticism from experts.
Recently, the above Department of Economic Affairs secretary Subhash Chandra Garg said that Rs 2,000 addendum were primarily acclimated for hoarding. He added that abandoning the bill from apportionment would not annual any disruption. Garg had said that the Rs 2,000 addendum annual for one-third of bill addendum in apportionment in agreement of value. “A acceptable block of Rs 2,000 addendum are absolutely not in circulation, accepting been hoarded. Rs 2,000 note, therefore, is not anon alive as a bill of transaction,” he added.
Also read: Rs 2,000 addendum can be demonetised, won’t annual disruption, says Subhash Chandra Garg
Also read: 3 years of demonetisation: 66% say PM Modi’s agenda ban abnormally impacted economy
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