'Love letter' in rupee note..!? Don't do this..!!
After the demonetization of the Modi
government, the most common message among the
people is that if written on a
currency note, it is invalid. As the explanation for this has not been published, many messages have been spreading on
wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital platforms like
whatsapp and Facebook. In this situation, the Modi
government has now explained and put an end to the rumors that have been circulating for many years. It has gone viral all over
india through
whatsapp forward saying that it will not be announced. In order to put an end to this rumor, PIB FACT CHECK has explained this on its
twitter account. The
news claim that
indian currency notes have any written invalidity is false, it said. It has been explained that even if it is written on a
currency note, it will go.
However, India's central
bank, the Reserve
bank, has appealed to the public not to write on or shorten the useful life of the
currency notes as part of its clean
currency policy. This explanation has been clarified by the
press Information Bureau, an information arm of the
government of
india, on Twitter.
Also, no new regulations have been announced or implemented by the
bank OF INDIA' target='_blank' title='reserve
bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve
bank of india regarding the issuance of
indian currency notes. In 1999, the RBI launched a Clean Note Policy, which is still in place, with the aim of gradually phasing out soiled notes from circulation to provide good quality
currency notes and coins to
indian citizens.
The PIB further explained that under this clean note policy, since 1999,
people are asked not to write on
currency notes as they tarnish them and reduce their useful life. The central
bank has the important responsibility of facilitating
government transactions and ensuring adequate
currency supply for the exchange and remittance needs of banks and the public.
Although such announcements may shock
people who express their
love in
currency notes, this is the correct custom. The
government spends a huge amount of money only on the minting of coins and it is imperative to keep it under control and to give respect to the
currency notes.