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Restrict Minting

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Mahesh Kapasi BSCAL
Last Updated : Nov 27 1997 | 12:00 AM IST

The government has stopped minting coins of 1, 2 and 5 paise, and very limited coins are minted for 10 paise.

I feel that minting of 10 paise coins should also be stopped. Coins of less than 25 paise have become redundant. Even pricing should be rounded off to close to 25 paise as at present many commodities are priced at paise 63, 57 and so on. If we round off prices, it can facilitate easier calculations and accounting and save time.

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First Published: Nov 27 1997 | 12:00 AM IST

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