Home India Ministry of Finance Parliament Question: Shortage of lower denomination currency...
Date: 2026-03-10 Category: RAJYASABHA_QNA State: Union Government Country: India

Parliament Question: Shortage of lower denomination currency notes

Issued by Ministry of Finance · Not Applicable

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GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS RAJYA SABHA UNSTARRED QUESTION NO. 1980 TO BE ANSWERED ON MARCH 10, 2026 / 19 PHALGUNA, 1947 (SAKA) Shortage of lower denomination currency notes 1980 Shri Babubhai Jesangbhai Desai Will the Minister of Finance be pleased to state: (a) whether Government is aware of the acute shortage of lower denomination currency notes of ₹10, ₹20 and ₹50 in circulation, including their limited availability in banks and non-dispensing through ATM machines across various parts of the country; (b) whether any assessment has been conducted regarding the impact of this shortage on daily cash transactions, small traders, rural areas and economically weaker sections; (c) whether Government proposes to increase printing and circulation of these notes and to ensure their availability through ATM machines to reduce excessive reliance on coins; and (d) if so, the details thereof, and if not, the reasons therefor? ANSWER MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) to (d): The Reserve Bank of India (RBI), as part of a continuous process, assesses the requirement of different denominations of banknotes and makes recommendations to the Government on the required denomination mix to be printed. The demand for lower denomination currency is met through a mix of banknotes and coins. Besides, the digital modes of payment constitute a significant portion of the overall transactions including low- value transactions. RBI has informed that it endeavours to put adequate quantity of banknotes and coins of different denominations in circulation on a continuous basis to meet the demand of the economy.As per RBI, the lower denomination banknotes of ₹10, ₹20 and ₹50 have not been traditionally dispensed through ATMs. A pilot project for dispensing lower denomination banknotes through small value dispensers has been launched. The details on supply of ₹10, ₹20 and ₹50 denomination banknotes for the last three financial years are as under: (pieces in Lakh) Denomination FY 2022-23 FY 2023-24 FY 2024-25 FY 2025-26 (Supply up to 26.02.2026) ₹10 6000 8000 18000 43940 ₹20 19999 20000 15000 19370 ₹50 20000 25000 30000 13030 ******

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