Coin Shortage in India

[Waffen SS]

Now-a-days we are facing massive coin shortage, as a result we daily need to quarrel each other because every one wants to have coin, but no one has it. So what step should be taken to counter this problem?

I think Indian coins are made of very high quality steel so they are smuggled to Bangladesh where Bangladeshis are using that steel to make blade, knife etc. And due to inflation Indian currency's value is decreasing so value of coins are no longer so much as it was.

I think to counter this problem we need to stop coin smuggling to Bangladesh and Indian Government should issue currency notes for Rs 1, Rs 2, Rs 50 paisa.

@Ray, @Singh

Recent coin shortages in India - reasons and consequences

RBI says coin shortage 'artificial' | The Indian Express

 

[Ray]

I read somewhere that melting down of coins is more lucrative than the value of the coin.

Hence there is a cottage industry doing just that leading to the shortage!

I also read that they are thinking of plastic money so that they do not get soiled and worn out!