Bimetallic brass-steel (yellow-white) other than commemorative ten-rupee coins have basic design-faults with denomination numeral ‘10’ crossing haphazardly outside the white steel-made portion of the bimetallic coin giving an ugly look to the coin. Likewise ten rays on yellow portion cross to the white portion. Security Printing & Minting Corporation of India Limited (SPMCIL), Reserve Bank of India (RBI), Department of Economic Affairs (DoEA) and/or any concerned public-authority should rectify the design-fault to make ten-rupee coins attractive. Since size of ten-rupee coins is quite larger than the only other yellow coin of rupee-five denomination, ten-rupee coins can also be of single brass (yellow) metal in case minting-cost of bimetallic coins is higher as compared to single-metal coins.
Mint-percentage of ten-rupee coins which was 2.8 percent of total minted coins as on March 2015 should be gradually increased for total discontinuance of ten-rupee notes to save high cost of printing currency. At least with size-reduction of currency-notes after demonetisation, wrong decision of re-issue of one-rupee notes on 06.03.2015 should be reversed with existing stock sold officially as collector’s item on premium in plastic-pack like coin-sets are sold at much more price than the face-value, to effectively check heavy price in black market for these notes issued despite stiff opposition of RBI perhaps because of bureaucratic craze to have their signature on it Significantly one-rupee note bears signature of Union Finance Secretary while notes of other denominations bear signature of RBI governor.
MADHU AGRAWAL