So easy to copy? Rs 2,000 notes make 56% of all seized fake currency, shows NCRB data

'NCRB data show fake notes of Rs 2,000 entered the market days after PM Narendra Modi's demonetisation announcement. Today they are the biggest contributors to the value of seized counterfeit currency in India... While Rs 1,000 and Rs 500 banknotes were banned overnight, the government introduced new banknotes with denominations of Rs 2,000 and Rs 500. It said these banknotes have additional security features which would make them difficult to be copied by counterfeiters, hence check the menace of fake currency... But three years on, government's own data show that overcoming these security barriers was not that difficult for rackets operating in counterfeit currency. In fact, they seem to have had a field's day printing them. Latest reports of the National Crime Records Bureau (NCRB) reveal that in terms of value, Rs 2,000 banknotes comprised 56 per cent of all fake currency seized in India after demonetisation (i.e. in 2017 and 2018)...'