No shortage of currency and coins, maintains Govt

NEW DELHI:  The Government today set the record straight on cash circulation, saying there is no shortage of notes except some sporadic cases.

In his written reply to the Lok Sabha, Minister of State for Finance Arjun Ram Meghwal said various measures have been taken for equitable distribution of notes across the country to ensure availability of small denominations.

“There is no shortage of currency notes and coins except some sporadic and occasional incidents of shortage,” he said.

He was replying to a question whether there is shortage of notes and coins of Rs 1, 5, 10, 20 and 50 forcing people to procure the same from blackmarketeers at heavy prices. (AGENCIES)