In The Rush To Print New ₹500 Notes, A Big Error Has Been Made In The New Note
Too many steps were already taken to provide comfortable transaction process to common man. Government extended its hand by allowing various service organizations to accept old 500 notes.
Addition to this, new problems are however been arising every day, but this time, the issue took a u-turn and ended up slamming the Reserve Bank of India itself.
The new problem that has made the country worried is the misprinting of new 500 and 2000 denominations. The photographs of differently available currency notes are circulating on social media.
After identifying the issue, RBI boldly announced that they’re ready to exchange the misprinted notes. Irrespective of the solution, the occurrence of errors reflects the sheer ignorance of the respective RBI officials.
Various complaints are noted down, and all of them were from the prominent Indian cities.
A person from Delhi explained about one of the cons in the new 500 note, “There is a more than visible shadow of Gandhi’s face, besides alignment issues with the national emblem on the note and even serial numbers.”
Precisely, two to three people complained about the errors in printing providing with valid evidences.
The errors that were spotted and identified so far include:
- The boldness of ‘R’ in the first note is different from that of the second note, which is lean and normal.
- The first note probably appears like it is double printed or it has got thick shadows of Gandhiji.
- The Ashoka pillar in the first note didn’t fit in the grey space because of its widened size compared to the second one.
- Placement of black dotted lines is little more left aligned comparing with the second note.
- Difference in the font size of serial numbers. 8AB on the top note, looks bigger than 1AB on the bottom one
- Multiple design and alignment errors were spotted
Despite the above-mentioned points, a person from Mumbai received Rs. 2,000 notes of different colors as one of them had a lighter shade.
Alpana Killawala, the RBI spokesperson responded “It is likely that notes with printing defect have got released due to the current rush. However, people can freely accept such a note in transaction or return it to RBI.”
Meanwhile, GK Pillai, the Former Home Secretary said
“Prevention of counterfeiting is almost impossible, with official mechanisms in Pakistan printing notes with access to as much sophistication as we do. So, it is only a matter of delay and temporary suspension of such notes in the country that one could have hoped for. I cannot yet comment on the Rs 500 notes as I am yet to see them, the Rs 2,000 notes are of good sophistication. That said, if the RBI says there is only one new 500-note it is printing, there should exist only one.”
Supporting the experts opinions, T Ramesh, Former DG&IG, Karnataka says
“Local printing of such notes has almost stopped. The notorious gangs from Coimbatore are more or less dead and all notes come in from outside through Nepal, Bangladesh and other countries.
Different variants of official currency will certainly aid counterfeiting and it must be curbed immediately.”
Moreover, When Former Director of RBI, Vipin Malik is questioned about the errors, he answered:
“It is strange to see such errors on the notes. RBI has state-of-the-art machinery for printing. If any faults are detected, the machine immediately throws out the paper and doesn’t allow further printing.”
He further explained “At the 2nd level, prescribed officers are appointed to physically examine the notes.”