Traders, hoteliers, kirana shops, auto drivers to bus conductors all are facing problems in arranging loose coins of Rs 1, Rs 2, Rs 5 and Rs 10. India Today conducted a survey to find the reasons behind the diminishing number of coins in circulation. About 2,200 million coins were minted in Mumbai, 2,050 million in Kolkata; 1,500 million in Hyderabad and the rest were produced in Noida. after April 1, 2017, thanks to demonetisation," a source from Mumbai mint told India Today on condition of anonymity. SIMILAR SITUATION IN ALL MINTSIn the first quarter of this fiscal year, Mumbai mint produced nearly 650 million coins, out of which almost 500 million coins are still lying untouched.

Source: India Today August 04, 2017 17:48 UTC