Minister of State for Finance Arjun Ram Meghwal has reportedly revealed the printing cost of the new Rs. 500  and Rs 2000 notes in a written reply to the Rajya Sabha. According to reports, the approximate cost of printing each new note of Rs. 500 denomination is in the range of Rs. 2.87 to Rs. 3.09, and Rs. 3.54 to Rs. 3.77 for Rs. 2,000. Meghwal also said that it is too early to indicate the other costs of printing of new notes of Rs. 500 and Rs. 2000 as they are still being printed.