The best way to know the self is feeling oneself at the moments of reckoning. The feeling of being alone, just with your senses, may lead you to think more consciously. More and more of such moments may sensitize ‘you towards you’, towards others. We become regular with introspection and retrospection. We get ‘the’ gradual connect to the higher self we may name Spirituality or God or just a Humane Conscious. We tend to get a rhythm again in life. We need to learn the art of being lonely in crowd while being part of the crowd. A multitude of loneliness in mosaic of relations! One needs to feel it severally, with conscience, before making it a way of life. One needs to live several such lonely moments. One needs to live severallyalone.

Tuesday 8 November 2016

CURRENCY NOTES IN CIRCULATION: BASIC STATS

RESOURCES
WORTH

  • 17,54,000 CRORE: OVERALL WORTH OF NOTES IN CIRCULATION
IN VALUE TERMS

  • RS 500 NOTES CONSTITUTE 45% OF THIS
  • RS 1000 NOTES CONSTITUTE 39% OF THIS
IN VOLUME TERMS

  • RS. 10 AND RS. 100 NOTES CONSTITUTE 53% OF THIS.
RS. 500 AND RS. 1000 NOTES IN CIRCULATION

ACCORDING TO A BUSINESS STANDARD REPORT QUOTING DEPUTY GUV R GANDHI:

  • "16.5 BILLION RS 500 NOTES AND 6.7 BILLION RS 1000 NOTES IN CIRCULATION CURRENTLY".
ACCORDING TO A BLOOMBERGQUINT REPORT QUOTING THE RBI,

  • 7% OF NOTES IN CIRCULATION: RS. 1000
  • 14.7% OF NOTES IN CIRCULATION: RS. 500
RS. 6,32,600 CRORE IN CIRCULATION - IN THE FORM OF RS. 1000 NOTES - TO BE REPLACED BY RS. 2000 NOTES

CURRENCY CHESTS

  • STATE BANK OF INDIA - HAVING STRONGEST CURRENCY CHEST IN INDIA - 1965 IN NUMBER
  • SBI AFFILIATES - 757 CURRENCY CHESTS
  • OTHER NATIONALIZED BANKS - 1173 CURRENCY CHESTS
  • PRIVATE BANKS - 160 CURRENCY CHESTS
COUNTERFEIT

2015-16: COMMERCIAL BANKS FLOW DELECTATED 6.5 LAKH COUNTERFEIT NOTES.  

  • 30%: EXPANSION IN ECONOMY BETWEEN 2011 TO 2016.
  • 40%: INCREASE IN CIRCULATION OF CURRENCY NOTES.
  • 76%: INCREASE IN CIRCULATION OF RS. 500 NOTES IN THE SAME PERIOD.
  • 109%: INCREASE IN CIRCULATION OF RS. 1000 NOTES.
  • 4 LAKH OF THESE NOTES WERE OF RS. 500 AND RS 1,000.

GOVERNMENT WANTS TO CHECK THIS BY RE-MONETISING RS. 500 NOTE AND REPLACING RS. 1000 NOTE BY RS. 2000 NOTE.

BUT WHAT ABOUT COUNTERFEIT RS. 100 NOTES?

RS. 100 COUNTERFEIT NOTES IN CIRCULATION: 2 LAKH

©SantoshChaubey