The history behind this is just This photograph was taken when Mahatma Gandhi and Lord Pethick-Lawrence met each other in Viceroy House in Kolkata. Pethick-Lawrence was then the British Secretary. The picture of Gandhiji was later used as portrait size image in all currency notes and the real pic was mirrored while printing in our currency.
In 1996 Reserve Bank of India (RBI) introduced a new Mahatma Gandhi (MG) series. The picture of Mahatma Gandhi that we see today on currency notes only came into existence since 1996.
However, Mahatma Gandhi was not always portrayed on the Indian rupee notes. The notes prior to 1996 had a variety of aspects of India featured on them. A few of them being the Bengal tiger series, the Peacock series, the Aryabhatta satellite series, the Agricultural series, the Shamilar garden series and etc.
The demonetization of 500 and 1000 rupee banknotes was a step taken by the Government of India on 8 November 2016, ceasing the acceptance of all 500 and 1000 rupee notes as a form of legal tender in India from 9 November 2016. The announcement was made by the Prime Minister of India in a live televised address to the nation at 8:15 pm IST the same day. In the announcement, Modi declared circulation of all 500 and 1000 rupee banknotes (approximately $7.50 and $15 USD respectively) of the Mahatma Gandhi series as invalid and announced the issuance of new 500 and 2000 rupee banknotes (approximately $7.50 and $30 USD respectively) of the new Mahatma Gandhi series in exchange for the old banknotes.
And with that Government decided to work on new series with completely new features with making sure to put original portrait picture of Mahatma Gandhi.
The security features of the new 2000 banknote are as follows:
The security features of the new ₹500 banknote are as follows:
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