Authors
A self-taught social media maverick, Saurabh realised the power of social media early on and began following and analysing false narratives and ‘fake news’ even before he entered the field of fact-checking professionally. He is fascinated with the visual medium, technology and politics, and at Newschecker, where he leads social media strategy, he is a jack of all trades. With a burning desire to uncover the truth behind events that capture people's minds and make sense of the facts in the noisy world of social media, he fact checks misinformation in Hindi and English at Newschecker.
Claim
Are the rumors of demonetization of Rs 2000 currency notes true RBI @PMOIndia? Many firms are asking their employees to not accept 2000 rupee notes and many articles are also written on the same. #demonetization
Twitter User tags RBI, Prime Minister’s Office and Finance Minister Nirmala Sitharaman and asks if the rumors of Demonetization of Rs 2000 notes are true. The user also says, “Most of the firms are asking their employees not to accept Rs 2000 notes and there are many articles on the issue.”
@nsitharaman
@RBI @PMOIndia are the rumours of demonetisation of Rs 2000 currency notes true? As most of the firms are saying to there employees not accept 2000 rupees notes and many articles are also been written on same. #demonetization @nsitharaman
— Nainish Aggarwal (@nanishaggarwal) December 7, 2019
Verification:
Social Media is full of various predictions, studies, and reports about the Demonetization of Rs. 2000 notes. The claim has been busted by us in the past but the claim, by all means, keeps resurfacing again and again. The intensity of this claim can be seen here.
RBI denies another Demonetization
As we began fact-checking the viral claim, we found that RBI has already clarified the issue of demonetization. As per media reports, the RBI has denied banning Rs 2000 notes. An RBI spokesperson, talking to a media outlet, said, “The RBI has issued no such order and has no plan to withdraw Rs 2000 notes or print new Rs 1000 notes by January 1, 2020”. We further checked RBI’s official website in the wake of fresh rumors of demonetization but no such notice or notification was found there. We also checked RBI’s social media properties where they post regular updates but no such information could be seen in any of their updates.
Notifications issued by RBI can be seen here.
What fueled the rumors?
Cropped photo of a fact check by Hindi daily ‘Dainik Purvodaya’ is being used to fuel false claim of Demonetization
A cropped photo of a daily newspaper is going viral on social media. Users are using this cropped photo to back their claim of demonetization.
When we proceeded to fact check the image, a simple Google search led us to the source of the claim which is a fact check itself. A daily newspaper published a fact check on December 1, 2019, and someone intentionally cropped the photo and it went viral on Social Media.
Here’s the full context of the cropped photo.
The fact check by Hindi Daily ‘Dainik Purvoday’ can be read below.
View Article
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Internal notice issued by VRL Logistics is being used to showcase how agencies are not accepting Rs 2000 notes
A claim went viral which stated that a private logistic firm named VRL Logistics has stopped accepting Rs 2000 notes. While the claim turned out to be false as the notice was issued for internal circulations and was immediately withdrawn but it did the rounds on Social Media.
ਕੀ VRL Logistics ਸਵੀਕਾਰ ਨਹੀਂ ਕਰੇਗੀ 2000 ਰੁਪਏ ਦੇ ਨੋਟ? ਪੜ੍ਹੋ ਵਾਇਰਲ ਦਾਅਵੇ ਦਾ ਸੱਚ
ਸੋਸ਼ਲ ਮੀਡਿਆ ਤੇ ਇੱਕ ਤਸਵੀਰ ਕਾਫੀ ਤੇਜ਼ੀ ਦੇ ਨਾਲ ਵਾਇਰਲ ਹੋ ਰਹੀ ਹੈ। ਵਾਇਰਲ ਹੋ ਰਹੀ ਇਸ ਤਸਵੀਰ ਦੇ ਵਿੱਚ ਕਰਨਾਟਕ ਦੀ ਇੱਕ ਕੰਪਨੀ VRL Logistics ਵਲੋਂ ਜਾਰੀ ਕੀਤੇ ਸਰਕੂਲਰ ਨੂੰ ਸ਼ੇਅਰ ਕੀਤਾ ਜਾ ਰਿਹਾ ਹੈ। ਵਾਇਰਲ ਹੋ ਰਹੀ ਇਸ ਤਸਵੀਰ ਵਿੱਚ ਦਾਅਵਾ ਕੀਤਾ ਜਾ ਰਿਹਾ ਹੈ ਕਿ VRL Logistics
If this Business Standards article is to be believed, a set of such claims fueled the rumors on Social Media.
Amid fresh demonetisation rumours, small firms avoiding Rs 2000 notes
Amid rumours about demonetisation of Rs 2,000 bank notes, some companies have advised their cashiers to not accept the high-value pink notes from the customers. They have also directed their accountants to deposit cash balances of Rs 2,000 notes in banks.
The inauthentic website publishes a ‘Misleading’ article to fuel the rumors of Demonetization
We further checked if there are more such claims which may fuel the ongoing chatter. We found one such article on a web portal. The headline of the article reads, “WILL HE, WON’T HE? Rumors swirl about another demonetization by PM Modi, now of Rs 2000 currency note”
While the headline itself is a product of clickbait culture, the article falsely reports many incidences that are intended to fuel the rumor and are not backed by authentic sources.
WILL HE, WON’T HE? Rumours swirl about another demonetization by PM Modi, now of Rs 2000 currency note
India here and now
Similar claims have gone viral in the past
This Times of India article states how similar claims went viral last year and seeing the intensity of the claim, Government had to issue a clarification.
No proposal to withdraw Rs 2,000 notes: Government – Times of India
NEW DELHI: The government on Friday said that there is no proposal to withdraw Rs 2,000 denomination note. RBI introduced Rs 2,000 notes following demonetisation of high value Rs 500 and Rs 1,000 notes in November 2016.
Besides, TOI article, you can see how such claims have been doing the rounds on Social Media for long now in our various fact checks below
Read our Hindi Fact Check here
RBI ने नहीं बंद किए 2000 के नोट, आजतक के स्क्रीनशॉट को किया गया गलत तरीके से वायरल
सोशल मीडिया पर भारतीय रिजर्व बैंक से संबंधित एक खबर सोशल मीडिया पर खूब शेयर की जा रही है। वायरल खबर के साथ दावा किया जा रहा है कि सेंट्रल रिज़र्व बैंक ऑफ़ इंडिया 1000 रुपए का नया नोट जारी कर रहा है। साथ ही 1 जनवरी 2020 से RBI
Read our Gujarati Fact Check here
RBIએ રજુ કરી રૂપિયા 1000ની નવી નોટ, 2000ની નોટ થશે બંધ, જાણો વાયરલ પોસ્ટનું સત્ય
સોશિયલ મીડિયા પર વાયરલ થયેલા સંદેશમાં દાવો કરવામાં આવ્યો છે કે ભારતીય રિઝર્વ બેંક (આરબીઆઈ) એ નવી 1000 રૂપિયાની ચલણી નોટો બહાર પાડી છે. કથિત નવી નોટમાં મહાત્મા ગાંધીની છાપ છે અને અન્ય સહીઓ વચ્ચે જમણી બાજુ લીલી પટ્ટી છે. કેટલાક સોશ્યલ મીડિયા યુઝર્સે આ જ દાવા સાથે ફેસબુક અને ટ્વિટર પર આ તસવીર શેયર કરી હતી.
Read our Punjabi Fact check here
RBI ਨੇ ਨਹੀਂ ਬੰਦ ਕੀਤੇ 2000 ਦੇ ਨੋਟ , ਆਜਤੱਕ ਦੇ ਸਕਰੀਨ ਸ਼ੋਟ ਨੂੰ ਗ਼ਲਤ ਤਰੀਕੇ ਨਾਲ ਕੀਤਾ ਵਾਇਰਲ
ਸੋਸ਼ਲ ਮੀਡੀਆ ਤੇ ਆਜਤੱਕ ਚੈਨਲ ਦੇ ਕੁਝ ਸਕਰੀਨਸ਼ੋਟ ਵਾਇਰਲ ਕੀਤੇ ਜਾ ਰਹੇ ਹਨ। ਵਾਇਰਲ ਹੋ ਰਹੇ ਸਕਰੀਨਸ਼ੋਟ ਵਿੱਚ ਇਹ ਦਾਅਵਾ ਕੀਤਾ ਜਾ ਰਿਹਾ ਹੈ ਕਿ RBI 2000 ਰੁਪਏ ਦੇ ਨੋਟ ਬੰਦ ਕਰਨ ਜਾ ਰਹੀ ਹੈ। 31 ਦਸੰਬਰ ਤੱਕ 2000 ਰੁਪਏ ਦੇ ਸਾਰੇ ਨੋਟਾਂ ਨੂੰ ਵਾਪਿਸ ਲੈ ਲਿਆ ਜਾਵੇਗਾ। ਹਾਲਾਂਕਿ ਅਗਰ ਅਸੀਂ ਇਹਨਾਂ ਸਕਰੀਨਸ਼ੋਟ ਨੂੰ ਧਿਆਨ ਨਾਲ ਦੇਖੀਏ ਤਾਂ ਹੈਡਲਾਈਨ ਦੇ ਵਿੱਚ ਸਾਨੂੰ ‘?’
No, Rs 2000 notes will not be demonetized
Our fact check found that the claim is a hoax. RBI has not issued any such notice.
Tools Used
- Google Search
Result: False
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Authors
A self-taught social media maverick, Saurabh realised the power of social media early on and began following and analysing false narratives and ‘fake news’ even before he entered the field of fact-checking professionally. He is fascinated with the visual medium, technology and politics, and at Newschecker, where he leads social media strategy, he is a jack of all trades. With a burning desire to uncover the truth behind events that capture people's minds and make sense of the facts in the noisy world of social media, he fact checks misinformation in Hindi and English at Newschecker.
