No Plans to Introduce ₹50 Coin, Centre Tells Delhi High Court

No Plans to Introduce ₹50 Coin, Centre Tells Delhi High Court

The Central government informed the Delhi High Court that there is currently no proposal to introduce a ₹50 coin, citing public preference for notes over coins in similar denominations.

The response came in response to a plea raising accessibility issues faced by visually impaired persons with ₹50 notes.

Referring to a 2022 RBI survey, the Centre noted coins are unpopular due to their weight and uniformity in size. It added that intaglio printing on lower denomination notes wears out easily.

Instead, the RBI launched the MANI app in 2020 to help visually impaired users identify note denominations.

Read Details / 2 months ago

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