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How much money does govt spend to make ₹1, ₹2, ₹5 and ₹10 coins?
short by Pragya Swastik / on Thursday, 6 December, 2018
The average cost of manufacturing a single one rupee coin is ₹1.11, which is more than its own value, the Reserve Bank of India (RBI) revealed in response to an RTI query. To mint a ₹2 coin, the government spends ₹1.28, it added. Furthermore, the cost of manufacturing ₹5 and ₹10 coins is ₹3.69 and ₹5.54 respectively, the RBI said.
read more at India Today