Puttur: Public reluctance to accept Rs 10, Rs 20 coins creates disarray


Daijiworld Media Network – Puttur (MS)

Puttur, Jan 5: Chaotic situations persist as the public remains hesitant to accept Rs 10 and Rs 20 coins, which have been in circulation for quite some time as per the decision of the union government.

In the current landscape, the increased prevalence of online payments has led to a reduced usage of currency notes with smaller denominations, contributing to a scarcity of Rs 10 notes in business centers. Traders, facing a dilemma, hesitate to offer Rs 10 coins as customers often refuse them, fearing a potential loss of business.

Vivekananda Prabhu, a young trader from Uppinangady, highlights the scarcity issue, stating, "Rs 10 notes are not readily available in sufficient quantity. When we present Rs 10 coins, customers react as if encountering a snake. Despite our efforts to raise awareness, customers insist on receiving Rs 10 currency notes. Public awareness on this matter needs improvement."

Ravi B S, the circle inspector of Puttur rural police station, emphasizes the need to address the misinformation prevailing among the public. He states, "Due to misconceptions, people are unwilling to accept Rs 10 and Rs 20 coins. It is essential to clarify that refusing government-issued currency notes or coins is not permissible. While confirming such refusals is challenging, organizations can face legal consequences for non-compliance. Refusal to accept currency in the form of coins constitutes a criminal offense under RBI regulations, and establishments may face legal action, including the possibility of counterfeit currency cases."

 

 

 

  

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Comment on this article

  • Rudolf Rodrigues, Mumbai -Mangalore

    Fri, Jan 05 2024

    BTW; WHAT WAS THE BIG IDEA 😮 IN DEMONETISING ₹1000 NOTES AND INTRODUCING ₹2000 NOTES TO CURB DARK 🌑 MONEY (SUBSEQUENTLY THESE TOO WERE PULLED OUT OF CIRCULATION); ANY LOGICAL EXPLANATION FROM ANY FINANCIAL EXPERT OR ECONOMIST ON BOARD DW???🤐😞🙏🙏

    DisAgree [5] Agree [25] Reply Report Abuse

  • Dr Kusuma Kumari Gunji MBBS DGO DNB, Nellore/Kodyadka

    Fri, Jan 05 2024

    In this modern day of digital platforms to pay I feel everyone must use digital platforms. That's makes everything very easy and no need to give changes, I was initially very reluctant to use digital payment but now I am used to pay online and I am very happy about it. Its easy and simple and no need to cash and very safe I just feel digital payments must be encouraged so that we can always pay money easily and with no hassle. I really feel the UIP payment system which India government has started will revolutionaries the payment system in our nation I feel this is the right step forward in future

    DisAgree [11] Agree [10] Reply Report Abuse

  • Avi, Mangalore

    Fri, Jan 05 2024

    Yenchina Dactre - it is UPI (Unified Payments Interface) payment system and not UIP (Under Intelligent Person).

    DisAgree [3] Agree [11] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai Mangalore

    Fri, Jan 05 2024

    @DGO, DNB; please remember our population is approximately 145 crores;and from that, 75% are falling into informal category...... JHOLACHAP with no social security etc...etc....hope you understand 🤐😞🙏

    DisAgree [5] Agree [14] Reply Report Abuse

  • Rakesh Dsouza, Mangalore

    Fri, Jan 05 2024

    @Dr Kusuma Kumar, most of the people living below poverty line do not own a smartphone.

    DisAgree [2] Agree [8] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai -Mangalore

    Fri, Jan 05 2024

    These people, many in MangaNaUru too, are living in a fools 😠 paradise 😁!!

    DisAgree [12] Agree [14] Reply Report Abuse

  • David Pais, Mangalore

    Fri, Jan 05 2024

    Who says ₹10/- is not accepted. Try your best to convert it to 18% carret gold, then see the results. I hope there will have shortage and black marketing of coins.

    DisAgree [13] Agree [5] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai Mangalore

    Fri, Jan 05 2024

    In Mangalore too all pvt bus conductors and many shopkeepers do not accept these coins; you cannot dare argue with these so called highly educated buddhijivas....or...🤕😞😞🙏

    DisAgree [1] Agree [13] Reply Report Abuse

  • Joseph, Bombay

    Fri, Jan 05 2024

    Exactly Rudolf. I boarded a bus to go to Amtady from B C Road around a year back. The conductor outrightly refused to accept the Rs. 10/- coin fare. When I asked the reason, he said it is a common practice and they ignore these coins. Due to his egoistic attitude, I decided to teach him a lesson and confronted that there wasn't any directive/notification from the RBI to ban the usage and everybody was supposed to use it and refusing our own currency is a crime. I told him if he wanted, he should take it or forget it. He started threatening me. I coolly got down at my stop without paying the fare though I had other currencies of Rs. 20, 50 and so on. I just wanted to 'enlighten him' and glad I succeeded.

    DisAgree [2] Agree [23] Reply Report Abuse

  • Kiran, Bangalore

    Fri, Jan 05 2024

    Why Liquor prices increased by 25% from January 01, 2024? Liquor companies don't care about customers?

    DisAgree [9] Agree [17] Reply Report Abuse

  • Shivaprasad K U, Mangalore

    Fri, Jan 05 2024

    This issue is only in Karnataka where as in neighboring Kerala & MH, these coins are widely accepted by everyone.

    DisAgree [4] Agree [18] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai -Mangalore

    Fri, Jan 05 2024

    Because it's widely publicised that DK is the land of Buddivanta Jivas😜🙏

    DisAgree [1] Agree [11] Reply Report Abuse

  • Elwyn Goveas, Mangalore

    Fri, Jan 05 2024

    Ban 10 rupees note then people will come to their senses.Money is money.It has its own valve.

    DisAgree [6] Agree [22] Reply Report Abuse

  • G R PRABHUJI, Mangalore

    Fri, Jan 05 2024

    Persons who carry or dealing with coins only know the problems, RBI or politician don't understand the problems of carry,counting or maintaining the accounts. If RBI chief or our Finance minister drawing Rs 10000, and bank cashier gives a bag of coins,are they take ???

    DisAgree [8] Agree [22] Reply Report Abuse

  • Jossey Saldanha, Raheja Waterfront

    Fri, Jan 05 2024

    No Confidence Motion ...

    DisAgree [5] Agree [9] Reply Report Abuse

  • Prakash, Manipal

    Fri, Jan 05 2024

    Even I have faced problems paying to vendors... Especially small vegetable vendors and very small vendors will never take it... By mistake they give that coin in place of smaller coin to be paid... Human problem this... I personally feel this is wrong to produce such higher denomination coins... What we have up to 5 rupees are good enough for another 5 to 10 years...

    DisAgree [5] Agree [18] Reply Report Abuse


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