To tighten grip on black money, Centre likely to introduce more provisions in cash holding limit norms in Budget 2020-21
Top sources said the government is mulling stringent measures which could be announced during the Budget next year to cap the cash holding limit at home or in lockers.
The Reserve Bank has decided to inject liquidity under OMOs for Rs 50,000 crore in January 2019.
Cash crunch: Govt to up printing of Rs 500 notes by five times; move will inject currency worth Rs 2,500 crore a day
To meet the "unusual" currency demand in the country, the government has decided to increase printing of Rs 500 notes by five times