Cash usage in India rises even ten years after demonetisation
Despite the increasing use of UPI, currency in circulation was recorded at ₹43.16 trillion as of October 23, 2026.
By Capital Kranti desk, Gandhinagar · Editor: Parth Thakkar
5 November 2026, 5:42 pm · 1 min read
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According to a Business Standard report, cash usage continues to persist in India despite the boom in digital payments via UPI. According to recent data for the week of October 23, 2026, currency in circulation stood at ₹43.16 trillion, representing a 13.7 per cent increase compared to last year.
On the other hand, according to a report by The Times of India, a widow was served a notice by the Income Tax Department for depositing ₹60,07,500 in cash into her bank account during the financial year 2015-16. The official issued the notice as the woman had not filed an Income Tax Return (ITR) for that year.
બાળકોની સુરક્ષા અને અલ્ગોરિધમિક પારદર્શિતા માટે સોશિયલ મીડિયા કંપનીઓ જવાબદાર બને
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