To ease the availability of small notes in the country Reserve Bank of India (RBI) has started a new initiative. According to this ‘Small Value Dispenser’ A special pilot project named Rs. 10,000 will be started, through which citizens can directly use the ATM. 10, 20 and 50 rupee notes Will be able to take it out.
The government has clarified in the Parliament that there is no shortage of small notes in the country, but this new system is being started so that the common people can easily get small notes for their daily expenses.
What is small value dispenser?
Small Value Dispenser will be a special type of ATM, in which such machines will be installed which will dispense only small notes.
Through this facility, people will be able to withdraw notes of Rs 10, 20 and 50 directly from the ATM, which will make it easier to do small transactions.
How will common people benefit?
This feature will be especially useful for those who spend on everyday expenses like:
Rickshaw or auto hire
buying vegetables or grocery
payment at small shops
Small notes are needed for such works.
This initiative can prove to be even more helpful in rural and semi-urban areas where digital payment facilities are limited.
What was said in Parliament?
Union Minister of State for Finance Pankaj Chaudhary Told in Parliament that under this pilot project, initially special ATMs will be installed at some places. After its success, it can be implemented across the country.
He also told that Till 26 February 2026, 439.40 crore notes of Rs 10, 193.70 crore of Rs 20 and 130.30 crore of Rs 50 will be in circulation in the country. Have been issued.
Facility will increase in future
Experts believe that this new system will improve the availability of small notes in the market. This will provide great relief to small traders, shopkeepers and common people in their daily transactions.
This initiative of the government and RBI is being considered an important step towards making cash transactions more convenient and making small payments easier.
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