Genuinity of ten rupee coin

Kashmir Times. Dated: 4/22/2017 10:25:02 AM

Dear Editor,
Rumours were galore in the country about the genuineness of ten rupees which contain 10 inscribed in the inner circle of the coin. The transporters, shopkeepers and even the banks refused to honour these coins and the people who were having such coins were suffering humiliation on this account. They thus highly confused how to spend these coins none from among the government functionaries came upto clear the confusion caused for a pretty long time. The people were seen quarrelling with the transporters, the shopkeepers and the bank employees as well.
The Reserve Bank of India (RBI) has reportedly came up with the clarification in the news media on 9th of April 2017 that all such coins are genuine which are minted from time to time and who so ever refuse to honour such coins sedition charges can be framed against them in the court of law.
Thereafter, I heard stated one talking in a shop that such coins cannot be accepted as genuine. I, then stated that RBI has clarified the genuineness of these coins but he was adamant and retorted back that the shopkeepers who have such coins went to the bank and even bank men refused to accept coins so I became speechless. It appears that RBI’s clarification has not gone well among all concerned. The RBI need to given wider publicity by issuing advertisements through print and electronic media time and again so that common men, shopkeepers, transporters and bank officials are made to accepts all ten rupee coins.
—Krishan Singh,
Talab Tillo,
Jammu

 

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