Coin shortage has left traders shortchanged. These traders are facing problems of letting out small change, that is - Change as in coins - which has become a constant headache for many retailers like pharmacy owners, stationery shopkeepers etc. None of the customer is ready to make payment in coin form wherever there is a small transaction.
In contrast to this every customer wants his due change. When requesting for coins in RBI one of the pharmacy owner in Delhi, after standing in a long queue for an hour got two bag full of Rs. 2 and one bag full of Rs. 5 coins. But when he asked for a bag of Re. 1 coins a teller told him that he could only give 50 paise coins। Customers don't need 50 paise coins so it wasn't sensible enough for him to take that bag of 50 paise coins.
There are other problems wherein customers carry credit slip of paper alloted to them by the retailers instead of exact change. Not only retailers but the coin crunch problem has affcted the big chain outlets such as Spencers and Big Bazaar.
"Coin management is the need of the hour"
No comments:
Post a Comment