Sir,

The Rs. 10 coin is still valid a tender but there seems to be all-round resistance to acceptance of the coin, particularly with vendors. While none have a reason for non-acceptance of the Rs.  10 coin, some have started believing that it is no longer a valid tender.

Despite the Reserve Bank of India (RBI) reiterating the legal tender of Rs. 10 coins in January 2018, few members of the public and traders are still reluctant to accept the denomination reckoning their genuineness.

This came to my notice when I ran errands from shop to shop to fetch a quarter-litre milk with only a Rs. 10 coin I had in my fitness suit. As many as 11 shop-vendors rejected outright the denomination despite my attempts to edify them about the reiterated notification from RBI in layman’s terms.

RBI’s notice for Rs. 10 coins states as follows: “It has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept Rs.  10 coins due to suspicion about their genuineness. It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time.”

While most people accept the refusal without raising their voice, there have been instances of people taking up the issue with the higher authorities in the bank, and such issues have been quietly resolved. The problem in general persists.

I request the Deputy Commissioner of Mysuru to issue an official notification in public interest through various formats of broadcasting media, reiterating the RBI’s gazette notification on Rs. 10 coins.

– K.J.Karthik, Civil Services aspirant, Garudachar Layout, 29.5.2018

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