The Reserve Bank of India on Friday announced the withdrawal of the Rs 2,000 currency note — which was introduced during the demonetisation exercise in 2016 — from circulation, citing its ‘Clean Note Policy’, which aims to remove damaged, counterfeit, or soiled notes from circulation, and lack of usage.
Finance Secretary T V Somanathan spoke to Shrimi Choudhary in New Delhi on why the step was taken. Edited excerpts:
Why is Rs…