And, with the context of how RBI, Home and Finance Ministry, and banks were compromised over the years, one can very well understand the reason for extreme secrecy and quick action – which the critics ironically call“ knee jerk” and“ unprepared government plan”.
* Gen GD Bakshi mentions another figure of the number of notes. The credible figure of currency in circulation is the one mentioned here with the link
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Important information related to the FICN( Fake Indian Currency Notes) issue
Let us also look at other information which is important to fully understand the situation around the currency notes circulation by Pakistan.
Changes in De La Rue and Printing notes in India
There are only so many companies in the world with the expertise to produce the currency paper. De La Rue, since its rather ignominious episode with the Indian currency and being close to bankruptcy has undertaken a complete rehaul of the company.
And with a new management, it has and is helping India to create production plants in India.