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."