A gluttony of tenners
Business Today

A gluttony of tenners

There is apparently an excess supply of Rs 10 coins in India, as per Finance Minister Arun Jaitley, who stated in the Lok Sabha that the government has temporarily halted the minting of new coins of Rs 10 denomination.
However, according to the RBI, the supply of Rs 10 coins has been nearly 50 per cent less than their requirement in the last two years, with the mints able to fulfill less than two third of the demand - or 62.3 per cent - due to capacity constraints.
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