New Delhi, July 9 -- The Union Finance Ministry has informed the Delhi High Court that it currently has no plans to introduce a Rs 50 coin, attributing the decision to widespread public preference for currency notes over heavier coins such as Rs 10 and Rs 20.

In its affidavit filed on Tuesday, the Ministry cited findings from a 2022 Reserve Bank of India (RBI) survey, which revealed that users often avoid coins due to their weight, size, and lack of distinctiveness, factors that make banknotes more practical for daily use.

The Ministry explained that coin issuance depends on public acceptance, usage patterns, and economic considerations, and as of now, a Rs 50 coin is not under consideration.

This submission responded to a petition by ...