comscore New Rs 2,000 note does not have a 'Nano GPS Chip'
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New Rs 2,000 note does not have a 'Nano GPS Chip'

No, the new currency notes do not come with GPS chips to track and locate them.

new rs 2000 notes

In a move to curb black money, PM Narendra Modi took everyone by surprise when he announced that the existing Rs 500 and Rs 1,000 notes will no longer be legal. The government has scrapped the Rs 1,000 note permanently and will issue new notes in Rs 500 and Rs 2,000 denominations. For the past few days, rumors had been doing rounds with WhatsApp forwards that government is likely to introduce new Rs 2,000 notes, which will come with a built-in nano GPS chip (NGC). Yes, the rumored Rs 2,000 currency note is now official, but it does not come with the chip. Also Read - Aarogya Setu app may soon come pre-installed in new smartphones in India

Also Read - Samsung pledges Rs 20 crore for Corona fight in India, PM Modi calls it 'Good gesture'

Rumors claimed about some astounding technology on the new currency notes a nano GPS chip embedded in such a way that it could track and locate Rs 2,000 note even if it is kept 120 meters below the ground level. This will help satellites to locate the amount of money stored at a particular location. Also, this NGC chip cannot be tampered with or removed without damaging the currency note. But these are just rumors and nothing official. Also Read - Coronavirus: How you can donate to the PM CARES fund easily

Soon after the announcement, RBI tweeted about the new Rs 2,000 currency notes along with its salient features. Besides the new color, the back of the note will include a picture of Mangalyaan, the Indian spacecraft developed by ISRO that made its way to Mars. It will also have the logo and slogan of PM Modi s pet program Swachh Bharat at the back. The denomination numeral is written in Devnagari script and it can be seen when held at a 45 degree angle from eye level. The number panel with numbers on the bottom right and top left corner grow from small to big. Also, the year of printing of the currency note will be on the left. And no, it does not have any Nano GPS Chip. Obviously, Twitteratis had a field time poking fun at those who fell for the rumors. ALSO READ: Rs 500, Rs 1,000 notes are illegal from today: Tech industry calls it a significant step towards cashless economy

As a result of the announcement, all banks and ATMs will remain shut today and tomorrow. For those worried about the existing Rs 500 and Rs 1,000 notes being illegal, they will still be accepted in case of emergencies for the next 72 hours. You could use them for transactions at petrol pumps, government hospitals, crematoriums and cemeteries. Besides curbing the black money problem, the ambitious move also aims to take our nation to a cashless economy. ALSO READ: Amazon, Flipkart stop CoD orders after Rs 500, Rs 1,000 notes abolished

Social media has been abuzz soon after the announcement, while some support the brave decision taken to curb black money, a lot are pissed as their existing currency notes will no longer be valid, and no quick way to get them replaced. ALSO READ: Rs 500, Rs 1,000 notes now illegal says PM Narendra Modi, citizens react on social media

Photo – ANI

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  • Published Date: November 9, 2016 1:02 PM IST
  • Updated Date: November 9, 2016 2:21 PM IST



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