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Govt Assures No Shortage of Rs 10, Rs 20, Rs 50 Notes in Circulation

The Indian government has assured Parliament there is no shortage of Rs 10, Rs 20, and Rs 50 denomination banknotes in circulation. Minister of State for Finance Pankaj Chaudhary detailed the massive supply of these notes by the RBI in the current and previous financial years. He also informed the Rajya Sabha about a pilot project to dispense these lower-value notes through specialized ATM-like machines. The response highlighted the role of digital payments and the RBI's continuous assessment to meet the economy's currency demand.

Key Points: No Shortage of Rs 10, Rs 20, Rs 50 Bank Notes: Government

  • No shortage of Rs 10,20,50 notes
  • RBI supplied billions of notes this fiscal
  • Pilot for ATM dispensers launched
  • Digital transactions see significant volume
2 min read

No shortage of Rs 10, Rs 20, and Rs 50 bank notes in country: Minister

Government clarifies no shortage of lower-denomination notes, details RBI supply figures and a pilot for ATM dispensers. Includes digital transaction data.

"A pilot project for dispensing lower denomination banknotes through small value dispensers has been launched. - Pankaj Chaudhary"

New Delhi, March 10

There is no shortage of lower-denomination currency notes of Rs 10, Rs 20 and Rs 50 in circulation in the country, the government told the Parliament on Tuesday.

Minister of State for Finance, Pankaj Chaudhary, in a reply to a question in the Rajya Sabha, said that as per the RBI, lower-denomination banknotes have not been traditionally dispensed through ATMs.

"A pilot project for dispensing lower denomination banknotes through small value dispensers has been launched," he informed the house.

According to the government, in the current financial year (up to February 26), 439.40 crore pieces of Rs 10 denomination notes, 193.70 crore pieces of Rs 20, and 130.30 crore pieces of Rs 50 bank notes have been supplied by the central bank.

In the last fiscal (FY25), 180 crore pieces of Rs 10 banknotes, 150 crore pieces of Rs 20, and 300 crore pieces of Rs 50 were supplied.

The RBI, as part of a continuous process, assesses the requirement of different denominations of banknotes and makes recommendations to the government on the required denomination mix to be printed.

The demand for lower denominations of currency is met through a mix of banknotes and coins. Besides, the digital modes of payment constitute a significant portion of the overall transactions, including low-value transactions.

The RBI has informed that it endeavours to put adequate quantities of banknotes and coins of different denominations in circulation on a continuous basis to meet the demand of the economy, said the minister.

Replying to another question, the minister said that, as reported by the National Payment Corporation of India (NPCI), the total number of digital transactions reported through RuPay KCC cards in FY 2025-26 (up to December 31, 2025) is 3.72 lakh with a value of Rs 111.17 crore.

The credit limit to all eligible farmers under KCC is determined according to the scale of finance of the crops, area under cultivation, cropping pattern, and related requirements.

- IANS

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Reader Comments

R
Rohit P
The numbers look impressive on paper – 439 crore pieces of Rs 10 notes! But the real question is distribution. In my tier-2 city, auto drivers and small vendors are always complaining about the lack of change. The pilot project for small value dispensers is a step in the right direction.
A
Aman W
While digital payments are growing, we can't ignore the cash economy, especially in rural areas. My parents in the village still rely entirely on cash for daily needs. The government must ensure these notes reach the hinterlands and not just urban centers.
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Sarah B
Interesting data. The shift towards digital for low-value transactions is significant, but physical cash remains crucial for financial inclusion. The KCC card transaction stats show promise for farmers. A balanced approach is key.
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Vikram M
Respectfully, the statement "no shortage" feels disconnected from the common man's experience. Just visit any local market – the shortage is palpable. Maybe there's no shortage in RBI vaults, but there certainly is in circulation. The system needs to be more efficient.
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Nisha Z
This is a basic necessity. We shouldn't even be having this discussion about shortage of Rs 10, 20 notes. It's the backbone of daily small transactions for millions. Hope the pilot project for dispensers is rolled out nationwide quickly. 🙏

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