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4w ago

Finance Ministry Tells Delhi HC No Proposal for ₹50 Coin

Public preference for banknotes prompted the finance ministry to say a ₹50 coin proposal is not under consideration

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The affidavit has been filed in a petition seeking directions to the Centre to issue ₹50 coins. (RBI official website)
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Overview

  • The finance ministry filed an affidavit in the Delhi High Court confirming that it has no active proposal to introduce a ₹50 coin.
  • Advocates Rohit Dandriyal and Mini Agrawal petitioned the court to compel issuance of a ₹50 coin after noting that the ₹50 note lacks intaglio printing and tactile markings for visually impaired users.
  • The court granted the petitioners time to review the ministry’s affidavit and set the next hearing for September 17, 2025.
  • The ministry cited a 2022 RBI survey indicating that the public prefers banknotes over coins in lower denominations because of coin weight, size and similarity across coin sizes.
  • The RBI has rolled out accessibility measures including the 2020 MANI mobile app and redesigned coins up to ₹20 in 2019, but notes of ₹10, ₹20 and ₹50 still lack tactile features.