Budget 2023

Budget 2023: Currency with public grew least in FY22

Currency with the public, including banknotes, rupee coins, small coins in circulation, and cash in hand with banks, has risen by around ₹1.4 lakh crore since demonetisation. Thanks to digitisation, however, FY22 has seen the lowest growth in the past 5 years and the second lowest in 10 years.

Also Read: Budget 2023: Declining share of defence in total expenditure

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