Arun Jaitley says currency operations normal

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This is perhaps the biggest demonetisation drive in the world that was aimed at striking at the very root of corruption, black money and counterfeit currency,” he said.

Stating that people often commented that it may take up to one year or at least seven months to restore normalcy, he said the task has been achieved within few weeks.

“Normalcy has been restored within few weeks and there is no shortage (of bank notes) in market for even a day,” he said.

And this has been achieved “without a single incident” of unrest anywhere in the country, he said adding this was possible because of exemplary work done by printing presses of RBI and SPMCIL who kept the supply line going.

“For long you have worked for 24 hours, without break and to complete it with efficiency,” he told SPMCIL employees gathered on the occasion.

Economic Affairs Secretary Shaktikanta Das said SPMCIL fulfils a sovereign function by printing currency notes, minting coins and printing non judicial papers and stamps.

“During the last one year and especially during the demonetisation period, each and every employee of SPMCIL has risen to the occasion to meet the requirement of printing of new currency notes,” he said.

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