Parliament proceedings | No plan to print currency notes to tide over crisis: FM Nirmala Sitharaman

To a question on whether there is any plan to print currency to tide over the crisis, Finance Minister Nirmala Sitharaman said, “No Sir”.

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on July 26. To a question on whether there is any plan to print currency to tide over the crisis, the Finance Minister said, “No Sir”. Many economists and experts have suggested to the government to print more currency notes to tide over the difficult economic situation with a view to support the economy ravaged by the spread of COVID-19, and protect jobs.