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Congress whip successful the Lok Sabha Manickam Tagore has written to Union Finance Minister Nirmala Sitharaman pointing retired “the shortage of tiny denomination currency notes”, which according to him is “affecting millions of citizens, peculiarly successful agrarian areas and municipality mediocre communities”.
In his letter, posted connected Saturday, Tagore wrote: “The terrible shortage of Rs 10, 20, and 50 denomination currency notes has caused immense inconvenience and hardship.” “Reports suggest that the Reserve Bank of India (RBI) has stopped printing these notes to beforehand UPI and cashless transactions. While the propulsion for integer payments is understandable, this determination disproportionately affects those without entree to integer outgo infrastructure, peculiarly successful agrarian areas,” said the MP from Virudhnagar successful Tamil Nadu.
He besides said that “this determination infringes upon the cardinal close to entree currency, indispensable for regular transactions”. “The shortage has resulted successful difficulties for tiny businesses, thoroughfare vendors, and regular wage earners who trust heavy connected currency transactions,” said Tagore.
He asked the FM to “direct RBI to resume printing and distributing the currency notes”. “Implement measures to code the integer disagreement and amended entree to integer outgo infrastructure successful agrarian areas,” helium said.
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