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Focus On Supply Of Rs 500 And Lower Denomination Notes: Shaktikanta Das
Rs 2,000 notes were introduced primarily for faster remonetisation, Das said.
21 Mar 2017, 06:18 PM IST 
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)
The focus of the government is to print and supply Rs 500 and lower denomination notes to avoid accumulation of high value currency, Economic Affairs Secretary Shaktikanta Das said on Tuesday.
"The apprehension is being expressed that Rs 2,000 notes would again lead to accumulation, (but) that should not happen," he added.
Rs 2,000 currency notes were introduced soon after demonetisation primarily to ensure faster remonetisation, Das explained.
Prime Minister Narendra Modi on November 8 announced the scrapping of Rs 500 and Rs 1,000 notes, which formed about 86 percent of total currency in circulation, with an aim to curb black money and corruption.