New Delhi, Jan. 27 -- Good morning!
Tried paying with a Rs.500 note and been met with an apologetic shrug? The Centre may finally have a fix.
The government is exploring a nationwide rollout of machines that dispense small-denomination notes- Rs.10, Rs.20 and Rs.50-and hybrid ATMs that can swap big notes for smaller change, on demand. Think of it as solving India's everyday cash headache, one note at a time.
The idea is simple, put these machines where cash pain is real-markets, transport hubs, hospitals, government offices. Years after demonetisation, high-value notes dominate wallets, but usable change remains scarce. For daily wage earners, small traders and commuters, that gap turns routine payments into minor negotiations.
This p...
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