Question : Demonetised Currency

(a) whether the Ministry, RBI or NITI Aayog have conducted any analysis or scrutiny of demonetized notes deposited in Jan Dhan accounts after 8 November, 2016 when the demonetisation of all Rs. 500 and Rs. 1,000 notes was announced and if so, the details thereof;
(b) whether the Ministry, RBI or NITI Aayog or any other departments have conducted any study or forensic audit of the number of accounts opened in the year 2016 between March and November and the number of accounts opened or created between November 2016 and March 2021;
(c) if so, the details thereof, item/year/State-wise along with the data of accounts closed and amounts withdrawn during the same period; and
(d) whether the Ministry, RBI or NITI Aayog have data on the value of demonetised currency deposited and new currency withdrawn through various state cooperatives during the demonetisation period and if so, details thereof, item and State-wise?

The Minister of State in the Ministry of Finance

(a) to (c) The Government in the Department of Revenue has apprised that based on information received on suspicious transactions from various reporting entities,Rs42,187 crore had been depositedin 3,74,14,844 PMJDY accounts during the period 8.11.2016 to 30.12.2016. A number of measures have been taken up by the Government, which inter-alia include collection of information on cash transactions, collating and analysis of such information, extensive use of information technology and data analytic tools for identificationof high-risk cases, expeditious verification of suspect cases, etc. The report has been shared with Law Enforcement Agencies.

(d) As informed by Reserve Bank of India (RBI), Specified Bank Notes (SBNs) worth?6,407.28 crore were exchanged/ deposited by 32 State Cooperative Banks (StCBs) between 10 November 2016 and 31 December 2016. State-wise details are Annexed.

*****