Amid the rising criticism to discontinue the circulation of 500 and 1000 rupee notes,RBI is going to release new 2000 rupee circulation note soon.The country's central bank,RBI has already made its preparations to bring into circulation.The printing of these notes has been completed at the Mysuru currency printing facility.
Till now, the highest value of currency note was 10000 rupees and it was printed in 1938 and 1954.RBI has demonetized these notes in 1946 and 1978.
In India,currency notes are printed in Nashik,Dewas,Mysore and Salboni.The Government of India decides the quantity of notes to be minted.
It costs a little more than 3 rupees to produce a 1000 rupee note,the lowest in terms of printing cost against the currency value.
INTERESTING FACT:As of March 2016,the value of banknotes in circulation was 16,41,500 lakh crore an increase of 14.9% over the year.Out of this,500 and 1000 rupee notes account to 86.4% of total circulation.