Government has announce decision on Rs 10 Note. The federal cabinet has formed a committee headed by the finance minister to examine whether the Rs. 10 banknote should be discontinue. According to sources, the cabinet has directed the committee to give recommendations on whether the Rs. 10 banknote should withdrawn or retain.
The committee has also been task with submitting recommendations after considering the production cost of the Rs. 10 banknote. In addition, the committee will give its recommendations on whether issuing a Rs. 10 coin would be more beneficial compare to the Rs. 10 banknote. After the committee finalizes its recommendations, it will submit its report to the federal cabinet. The cabinet will then make a final decision in light of the committee’s findings.
Speculation surrounding the possible discontinuation of the Rs. 10 currency note has sparked concern and curiosity among the public, especially on social media where rumors continue to circulate. Many citizens are questioning whether the government is planning to phase out the low-denomination note as part of a broader currency or economic reform. As of now, no official announcement has been made by the government or the central bank regarding the discontinuation of the Rs. 10 note. Authorities have not issued any notification, policy update, or directive suggesting that the note will withdrawn from circulation.
Experts say such rumors often emerge when governments introduce new currency designs, promote digital payments, or attempt to reduce the cost of printing paper notes. However, discontinuing a commonly used denomination like the Rs. 10 note would require a formal decision, public notice, and a clear transition plan to avoid inconvenience to the public. The Rs. 10 note remains widely used in daily transactions, particularly for small purchases and public transport. Until an official statement is release, the note continues to be legal tender, and citizens are advise not to rely on unverify claims.
The government and relevant financial authorities are expect to clarify the matter if any policy change is under consideration. For now, the reports about discontinuing the Rs. 10 note remain unconfirmed, and the public is encourage to follow official sources for accurate updates.