Indian DTH Community Forums
50 paise on its way to oblivion? - Printable Version

+- Indian DTH Community Forums (https://www.indiandth.in)
+-- Forum: Indiandth.in (https://www.indiandth.in/Forum-Indiandth-in)
+--- Forum: General Discussion (https://www.indiandth.in/Forum-General-Discussion)
+---- Forum: General News (https://www.indiandth.in/Forum-General-News)
+---- Thread: 50 paise on its way to oblivion? (/Thread-50-paise-on-its-way-to-oblivion)



50 paise on its way to oblivion? - KRISHNASAGAR - 05-24-2010

Quote:Fifty paise coins may soon be thing of the past as there are few takers for them, despite they being a legal tender.

From small retailers, auto drivers, bus conductors, grocers to customers, everyone seems to be blocking the circulation of 50 paise. But if we go by the rule book, it seems that they are doing it out of ignorance or just for convenience.


They give a volley of reasons to justify their reluctance in accept the coin. "The government should publicise and communicate that the coins are still in use, then only shopkeepers and customers would circulate the coins," says Harminder Kaur, a confectionery owner at the Super Bazaar in the heart of the Capital.


What's more, there is an online community to drive the no-50-paise-please gang! Recently a group of young people have launched a Facebook community titled 'I hate when somebody gives me 50 paise as change!

Some others who are still in the brick-and-mortar age, say since the coin has no value, people don't mind paying the extra. And it seems that they have a point in this age of skyrocketing prices as practically a 50 paise coin would get you nothing now, barring perhaps some cheap toffees for kids.

get details