Insta
A man holding the contemporary Rs 2,000 note in Gurugram. (Photo by Parveen Kumar/Hindustan Times via Getty Images)
High denomination Indian currency, i.e. Rs 2,000, Rs 500 and Rs 200 notes, have been disallowed by the Nepalese government, reports The Tribune.
According to the Kathmandu Post, the Minister for Information and Communications, Gokul Prasad Baskota, has stated that the Government of Nepal has urged people to discontinue using or even carrying Indian bank notes higher than the Rs 100 denomination since those are not recognised as legal tender.
The move is bound to affect Indian tourists who travel to Nepal, as well as countless Nepalese workers employed in India.
The new notes of Rs 2000, Rs 500 and Rs 200 denomination were introduced by the Indian government after removing all previous currency from circulation during demonetisation.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest