Major News and Events of 22 February 2017
What Happened on 22 February 2017
Shaktikanta Das: No Plans to Bring Rs 1,000 Notes
Shurhozelie Liezitsu, president of Nagaland People’s Front (NPF), was sworn in as the new chief minister of Nagaland on Wednesday. Governor P B Acharya invited Shurhozelie in order to form the next government. Earlier this week, he was unanimously elected as the leader of Democratic Alliance of Nagaland's (DAN) legislature party.
As per reports, 58 DAN MLAs showed their support by signing in favour of Shurhozelie on Monday.
Reports say that it has been clarified by Economic Affairs Secretary Shaktikanta Das that the government is not focusing on introducing new currency notes of Rs 1,000 denomination. It is rather planning to increase the production of Rs 500 notes as well as lower denomination notes.
As per reports, there were initial plans of launching new Rs 1,000 notes in January, but the actual date is still not clear.