- Advertisement -
HomePersonal FinanceZero Rupee Note: Zero rupee note has been printed in India, World...

Zero Rupee Note: Zero rupee note has been printed in India, World Bank told the real reason

- Advertisement -
- Advertisement -

Zero Rupee Note: Notes ranging from Rs 1 note to Rs 10,000 have been printed in India. You might have seen it too. But zero rupee notes have also been printed in the country. Printing of this note started in the year 2007. After this it was closed in the year 2014. Know why this note was printed.


Zero Rupee Note: Everyone will remember the time of demonetization. When in one stroke the notes of Rs 500 and Rs 1000 became mere pieces of paper. But before that, zero rupee note has also been printed in India. This note was so effective that its demand kept increasing everywhere. This note had no value. That means, could not buy any goods. But it was published for many years. Its demand was increasing day by day from South India to North India and in the entire country. Printing of this note stopped after about 7 years.

Anyway, notes ranging from Rs 1 to Rs 10,000 have been printed in India. At present, printing of Rs 10,000 notes had stopped long ago. Similarly Rs 1000 notes also came into the market. Stay in trend for a long time. After this they were closed. Then Rs 2000 notes also came into the market. At present, Rs 2000 notes have been removed from the market and bank transactions. We are telling you why zero rupee note was printed? What was the need for this?

Zero rupee note printed in India

In fact, in the year 2007, 5th Pillar, a non-governmental organization (NGO) in Chennai had printed a note of zero rupees. No guarantee was given on this note by the government or the Reserve Bank. It was not even put into practice. That means it was kept out of the transaction. A special message was given through this note. It was published in Hindi, Tamil, Kannada, Malayalam and Telugu languages.

Why were zero rupee notes printed?

Corruption was rampant in the government offices of the country. Wherever there was any work, it could not be done without an offering. Due to which the condition of the general public was miserable. In such a situation, zero rupee notes were printed with the aim of rooting out corruption. 5 Pillar printed zero rupee note. After this, wherever a bribe was demanded, this zero rupee note was handed over.

We will neither take nor give bribe

By printing a note of zero rupees, an oath was taken that we will neither give nor take bribe. Through a campaign, these notes were distributed in railway stations, bus stations and markets. People were made aware against corruption by the NGO. This campaign continued for 5 years. During this, signatures were also collected from more than 5 lakh citizens to stand against zero corruption. This campaign was run till 2014. About 25 lakh zero rupee notes were printed. The appearance of the zero rupee note was exactly like that of 50 rupees. On this, an oath was written at the bottom, ‘I will never take or give bribe.’

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments