Fact Check | Will Rs 1,000 notes come back from Jan 2023? Here's the truth

Recently, the Ministry of Finance also said in a written reply to a query in Parliament that “No fresh indent has been placed with the presses for printing of Rs 2,000 denomination notes from 2018-19 onwards.”

According to RBI annual report released in May earlier this year said, "At the end of March 2020, the number of Rs 2,000 denomination notes in circulation stood at 274 crores, accounting for 2.4 percent of the total number of currency notes in circulation. The count declined to 245 crores or 2 percent of the total banknotes in circulation as of March 2021 and further fell to 214 crores or 1.6 percent at the end of last fiscal year."

Official data have shown that even six years after demonetisation, the currency with the public remains at an all-time high.

Cash usage remains robust with the public, wherein it has been made known that currency with the public stands at a new high of Rs 30.88 lakh crore as of 21 October.