Indian one thousand-rupee note
The Indian 1,000-rupee banknote (1000) is an obsolete denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was reintroduced in 1954.
Also recorded as Indian 1000-rupee note
Indian one thousand-rupee note
- Field
- banknote
- Region
- India
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Documentary summary
The Indian 1,000-rupee banknote (1000) is an obsolete denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was reintroduced in 1954.
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wikidata · Q2813871
In this article
Overview
Overview
In January 1978, all high-denomination banknotes of 1000, 5000, and 10000 were demonetized in order to curb unaccounted cash money. In order to contain the volume of banknotes in circulation due to inflation, the 1000 banknote was again reintroduced in November 2000, under the government of Atal Bihari Vajpayee, as a part of the Mahatma Gandhi Series of banknotes; these were demonetized on 8 November 2016 by the Prime Minister of India Narendra Modi, with the claimed reasons of preventing the issue of counterfeit currency and to fight corruption and black money in India.
Key facts
Key facts
• Country — India • Denomination — One thousand rupees • Value — 1000 • Width Mm — 177 • Height Mm — 73 • Security Features — Security thread, latent image, micro-lettering, intaglio print, fluorescent ink, optically variable ink, watermark, and see through registration device. • Paper Type — special variety of cotton, linen, abaca and fibre • Years Of Printing — November 2000 – November 2016 • Obverse Design — Mahatma Gandhi • Obverse Design Date — 2000 • Reverse Design — Economy of India • Reverse Design Date — 2000
Design
Design
The 1000 banknote of the Mahatma Gandhi Series is 177 × 73 mm pink-red coloured, with the obverse side featuring a portrait of Mahatma Gandhi with the signature of the governor of Reserve Bank of India. It had a Braille feature to assist the visually challenged in identifying the currency. The reverse side featured the motif of an oil rig, a satellite and a steel foundry, all together featuring the Economy of India. As of 2011, the new sign had been incorporated into banknotes of 1000. In January 2014, RBI announced that it would be withdrawing from circulation all banknotes printed prior to 2005 by 31 March 2014. The deadline was later extended to 1 January 2015, and then again to 30 June 2016. Denomination of 1,000 notes cost was 3.54.
Security features
Security features
The security features of the 1000 banknote included: • A windowed security thread that read 'भारत' (Bharat in the Devanagari script) and 'RBI' alternately. • Latent image of the value of the banknote on the vertical band next to the right hand side of Mahatma Gandhi’s portrait. • Watermark of Mahatma Gandhi that is a mirror-image of the main portrait. • The number panel of the banknote was printed in embedded fluorescent fibres and optically variable ink. • Since 2005, additional security features (including machine-readable security thread, electrotype watermark, and year of print) appear on the bank note.
Discontinuation
Discontinuation
On 8 November 2016, Prime Minister Narendra Modi announced that "Starting from midnight 8th November 2016 all 1000 banknotes of the Mahatma Gandhi Series will not be accepted as a form of legal tender", although new 500 and 2000 banknotes of the new Mahatma Gandhi New Series were unveiled.
Languages
Languages
Like the other Indian rupee banknotes, the 1000 banknote had its value written in 17 languages. On the obverse, the denomination was written in English and Hindi. On the reverse is a language panel which displayed the denomination of the note in 15 of the 22 official languages of India, displayed in alphabetical order. Languages included on the panel were Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu and Urdu. • Denominations in central level official languages (At below either ends) • Language — 1000 • English — One thousand rupees • Hindi — एक हज़ार रुपये • Denominations in 15 state level/other official languages (As seen on the language panel) • Assamese — এহেজাৰ টকা • Bengali — এক হাজার টাকা • Gujarati — એક હજાર રૂપિયા • Kannada — ಒಂದು ಸಾವಿರ ರುಪಾಯಿಗಳು • Kashmiri — ساس رۄپیہِ • Konkani — एक हजार रुपया • Malayalam — ആയിരം രൂപ • Marathi — एक हजार रुपये • Nepali — एक हजार रुपियाँ • Odia — ଏକ ହଜାର ଟଙ୍କା • Punjabi — ਇਕ ਹਜ਼ਾਰ ਰੁਪਏ • Sanskrit — सहस्रं रूप्यकाणि • Tamil — ஆயிரம் ரூபாய் • Telugu — వెయ్యి రూపాయలు • Urdu — ایک ہزار روپیے
Mahatma Gandhi New Series
Mahatma Gandhi New Series
On 10 November 2016, the then Economic Affairs Secretary Shaktikanta Das announced a new 1000 banknote would be released in the Mahatma Gandhi New Series in the coming months. But on 22 February 2017, Das walked back on his earlier announcement to deny it, saying there was no plan to reintroduce the banknote.
Chronology
Dated record
Chronology
The full dated record · 1 entries
1000
Indian one thousand-rupee note is also recorded as Indian 1000-rupee note.
Places
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- India
Named but not plotted · 1
Indian one thousand-rupee note is associated with India.
Country
Notes from the source article
Cited by Wikipedia
Notes from the source article
These works are cited by the source article, in its own numbering. They are recorded as its citations, not as sources VALÉORINE has verified.
- 1.Reserve Bank of India. Demonetization of higher denomination banknotes. Your Guide to Money Matters.
- 2.Reserve Bank of India. India Paper Money A Retrospect. Republic India Issues.
- 3.RBI. Issue of ₹1000 Banknotes with incorporation of Rupee symbol.
- 4.Press Information Bureau. Withdrawal of Currencies Issued Prior to 2005. 25 July 2014.
- 5.Reserve Bank of India. Are there any special features in the banknotes of Mahatma Gandhi series- 1996?. Your Guide to Money Matters.
- 6.Spotlight. [English]PM Modi's Surgical Strike on Corruption 500,1000 Rupee Notes Not Legal Tender Anymore. 2016-11-08.
- 7.The Hindu Business Line. RBI to issue ₹1,000, ₹100, ₹50 with new features, design in coming months.
- 8.No new Rs 1,000 notes are being printed: Shaktikanta Das. Business Standard. ANI. 22 February 2017.
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1- IndiaPlace
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