PUDUKKOTTAI: In yet another unseemly fallout of the Centre’s demonetisation of two high value currencies last month, traders and general public in Pudukkottai district are shocked at fake Rs 10 coins circulating here on a large scale.
Consequently, most traders across Pudukkottai district have appealed to the Reserve Bank Of India (RBI) and other authorities concerned to check the menace of bogus Rs 10 coins doing the rounds fairly liberally.
A vegetable trader who did not wish to be named told DC that already they were suffering a lot since the November 8 demonetisation by not getting adequate low-value currencies to change the new Rs 2,000 notes that are being rationed through banks.
Adding to their woes now is the circulation of bogus Rs 10 coins at present, said the vegetable vendor. Even if they accepted the Rs 10 coins from customers, the same customers did not accept the coins when traders pay them back in tendering change.
Moreover, When traders went to the bank to deposit the Rs 10 coins, the bank men also refused to accept them, saying the coins are ‘bogus’, he said, and urged the RBI to step in remedy the situation.
