NEWS for INDIAs SMILE : Court bans proxy change - Chit instead of small change on bus.- THE TELEGRAPH. ====================== The NGO India’s Smile had moved court against the system of using coupons, chits or tokens as a form of currency to tide over the shortage of small change. Moving the petition on behalf of the NGO, its chief functionary Rajib Sarkar had alleged that some people were illegally earning crores of rupees by creating a coin crisis in collusion with a section of government officials. “Due to the heavy shortage of coins, the transport operators are using coupons and plastic coins and forcing the passengers to take these coupons,” he said. Documents were appended to the petition to back the allegation. “ Every month, the Calcutta Tram Company receives coins totalling Rs 2,33,80,000 from the RBI, which it distributes among the Calcutta State Transport Corporation, West Bengal Surface Transport Corporation and others,” Sarkar said. telegraphindia/1140410/jsp/calcutta/story_18175500.jsp#.U-5N1-OSwvk
Posted on: Fri, 15 Aug 2014 18:16:09 +0000
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