Government Plans New ATMs to Dispense Small Currency Notes Amid UPI Boom
New ATM machines designed to dispense Rs 10, Rs 20 and Rs 50 currency notes in India Even as digital payments through UPI and other platforms become a part of everyday life in India, the government is preparing steps to ensure that cash users are not left behind. A key concern has been the shortage of small-denomination currency notes such as Rs 10, Rs 20 and Rs 50, which are essential for daily transactions. According to a report by Mint , the government is considering introducing new automated teller machines ( ATMs ) that can dispense smaller notes, instead of primarily offering Rs 100 and Rs 500 denominations. The proposal reflects a recognition that despite the digital push, cash continues to play a critical role for a large section of the population. New ATMs and Hybrid Machines Under Consideration The plan includes two major ideas. The first is the deployment of new ATMs designed specifically to dispense small-denomination notes. The second involves hybrid ATMs that would ...