The Government of India has told the Delhi High Court that there are currently no plans to introduce a ₹50 coin. The Union Finance Ministry cited a survey by the Reserve Bank of India (RBI) showing that the public prefers lightweight notes over heavier coins such as ₹10 and ₹20.

The Union Finance Ministry of India has informed the Delhi High Court that there are no immediate plans to introduce a ₹50 coin into circulation. The decision was attributed to the findings of a survey conducted by the Reserve Bank of India (RBI), which revealed that a majority of the public favors paper currency over metallic coins due to weight and handling convenience.

The ministry’s response came as part of its official submission in an ongoing hearing before the High Court, where concerns about currency denomination were raised. According to the RBI survey, the heavier composition of existing coins such as ₹10 and ₹20 makes them less popular among citizens when compared to lightweight paper notes.

“Public preference plays a crucial role in currency design and issuance decisions,” the Ministry stated. “The Reserve Bank of India regularly reviews public sentiment and transactional trends, and based on recent feedback, there is no demand or necessity to introduce a ₹50 coin at this stage.”

The Union Finance Ministry clarified that India’s coinage strategy is tailored to meet practical demands while ensuring convenience for both users and businesses. The decision not to issue higher-denomination coins also reflects the logistical challenges of distribution and usage in everyday transactions.

Currently, ₹50 is available only in note form, which continues to be widely used and accepted throughout the country.

The Delhi High Court has taken note of the ministry’s statement and is expected to conclude its review of the matter in the coming weeks.

Read the full article here: Heavy Coins, Light Support: ₹50 Coin Plan Crushed — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).