New Delhi, Feb 22 (KNN) Rubbishing all the news of new Rs 1000 coming back to the market,  Economic  Affairs Secretary Shaktikanta Das today said there is no such plans.

Das wrote on Twitter, “No plans to introduce ₹1000 notes. Focus is on production and supply of ₹500 and lower denomination notes.”

He made the clarification after reports claimed that the Reserve Bank of India (RBI) and the Centre have finalised plans to launch a new series of Rs 1,000 notes to replace the demonetised notes in November last year.

The reports further claimed that redesigned Rs 1,000 notes were ready to be introduced in January itself but the government deferred the plans to push more Rs 500 notes.