Congress wrote a letter to the Finance Minister asking if RBI has stopped printing 10, 20 and 50 rupee notes
Shortage of 10, 20 and 50 rupee notes in the Indian market
Not only the rural population but also the urban population is troubled
Congress MP Manikam Tagore asked the question
New Delhi. Small notes are continuously disappearing from the markets of India. Due to the shortage of 10, 20 and 50 rupee notes, not only the urban population but also the rural population is getting troubled. The poor are being affected the most. This has been said by Congress Whip in Lok Sabha Manikam Tagore in a letter written to Union Finance Minister Nirmala Sitharaman.
Tagore said in his letter to the Finance Minister – Many reports have revealed that the central bank Reserve Bank of India (RBI) has stopped printing small notes. The reason behind this is being said to be to promote UPI and cashless transactions.
Rural people are facing problems- Manikam said that the government’s promotion of digital transactions is understandable, but banning small notes is not right at all. Due to this, people who make small payments through notes every day are getting affected. People who do not do digital transactions or rural people are facing a lot of difficulty due to this.
Three demands made to the Finance Minister- The Congress leader demanded from the Finance Minister that he instruct the RBI to start printing small notes again.
It should also be ensured that the supply of notes is enough to meet the demand of the people.
At the same time, Manikam also talked about emphasizing on digital payment infrastructure in villages.
The Congress leader further said that daily wage laborers, street vendors are dependent on cash, due to which they are facing problems.
