Rs 500 Notes Valid: Govt Debunks Demonetization Rumors, Urges Public Not to Panic

• Rumors spread online about Rs 500 notes stopping circulation by March 2026, causing public concern.
• Central government, via PIB and RBI, clarified these reports are 'fake' and baseless.
• Union Minister Pankaj Chaudhary confirmed in Parliament that there's no plan to stop Rs 500 note supply.
• Rs 500 notes remain fully valid legal tender for all transactions; ATM supply will continue as usual.
• Public advised to verify information from official sources and avoid spreading misinformation.

Why It Matters: Rs 500 notes are valid; government confirms rumors of discontinuation are false.