People are suffering because they refuse to buy Rs 10 coins in places like banks, buses, fair price shops, commercial establishments etc. Consumer organizations have insisted that appropriate action should be taken in this regard. On behalf of the central government, from time to time new currency notes and coins are produced and issued by the reserve bank of india and circulated throughout the country. In July 2017, RBI introduced new 10 rupee coins.
Although Rs 10 coins are in circulation in other states of the country, they have not come into full use in various parts of tamil Nadu. If common people present their 10 rupee coins in shops, buses and banks, they are not accepted. These government approved 10 rupees coins are not accepted by government and government agencies. Na Lokhu, Secretary of coimbatore Consumer Voice says, "Rs 10 coins are in circulation among common people. However, those currencies are not accepted by government institutions and commercial organizations. This situation prevails not only in coimbatore, but also in the districts of West Zone.
10 rupees coins are not bought in any government-run places such as milk companies, banks, if they are given in government buses to buy tickets, or in fair price shops to buy goods. When people ask why they refuse to buy, they don't give a proper answer. In an environment where government-owned companies do not buy, private sector companies such as private buses, autos, grocery stores, supermarkets, etc. do not buy either. It is the common people who are affected by this. The RBI should take appropriate action against government institutions that refuse to buy Rs 10 coins approved by the government.
Although Rs 10 coins are in circulation in other states of the country, they have not come into full use in various parts of tamil Nadu. If common people present their 10 rupee coins in shops, buses and banks, they are not accepted. These government approved 10 rupees coins are not accepted by government and government agencies. Na Lokhu, Secretary of coimbatore Consumer Voice says, "Rs 10 coins are in circulation among common people. However, those currencies are not accepted by government institutions and commercial organizations. This situation prevails not only in coimbatore, but also in the districts of West Zone.
10 rupees coins are not bought in any government-run places such as milk companies, banks, if they are given in government buses to buy tickets, or in fair price shops to buy goods. When people ask why they refuse to buy, they don't give a proper answer. In an environment where government-owned companies do not buy, private sector companies such as private buses, autos, grocery stores, supermarkets, etc. do not buy either. It is the common people who are affected by this. The RBI should take appropriate action against government institutions that refuse to buy Rs 10 coins approved by the government.
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