There is no shortage of lower-denomination currency notes of Rs 10, Rs 20 and Rs 50 in circulation in the country, the government told the Parliament on Tuesday.
Minister of State for Finance, Pankaj Chaudhary, in a reply to a question in the Rajya Sabha, said that as per the RBI, lower-denomination banknotes have not been traditionally dispensed through ATMs.
“A pilot project for dispensing lower denomination banknotes through small
value dispensers has been launched,” he informed the house.
According to the government, in the current financial year (up to February 26), 439.40 crore pieces of Rs 10 denomination notes, 193.70 crore pieces of Rs 20, and 130.30 crore pieces of Rs 50 bank notes have been supplied by the central bank.
In the last fiscal (FY25), 180 crore pieces of Rs 10 banknotes, 150 crore pieces of Rs 20, and 300 crore pieces of Rs 50 were supplied.