This Article is From Nov 09, 2016

Nano Chip In Rs 2,000 Notes? Arun Jaitley Dismisses Rumours

Nano Chip In Rs 2,000 Notes? Arun Jaitley Dismisses Rumours

Arun Jaitley dispelled rumours of the Rs 2,000 note having a 'micro nano GSP chip'.

New Delhi: Finance Minister Arun Jaitley on Wednesday dispelled rumours of the Rs 2,000 note having a 'micro nano GSP chip' to enable its tracking through satellite.

"From where did you come to know this? I haven't heard of it," Mr Jaitley said when asked if the Rs 2,000 currency note, being issued by the government, had a chip to enable its satellite tracking.

According to the rumours doing rounds on the social media, the currency note carries a chip that makes it detectable when a pile is kept together, and it can be also tracked via satellite.

Mr Jaitley was talking to reporters here a day after the government, in a surprise move, demonetised Rs 500 and Rs 1,000 currency notes.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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