Prime Minister Narendra Modi has reportedly liked the suggestion for a 25-rupee note made by a plastic trader from the Grain Market here.

After struggling with the problem of loose change on a daily basis, Ram Dass Singhal finally found an outlet through Prime Minister’s “Mann ki Baat” programme to suggest what he had always believed was the solution to the problem of small change.

After listening to the programme on All India Radio, in which listeners were urged to send their suggestions, he wrote to the Prime Minister saying Rs 25 currency notes should be introduced as they would provide a lasting solution to the problem of shortage of Rs 5 coins or notes.

“There is abundance of Rs 10 notes and coins in the market. As such people have no problem in paying in their multiples. But Rs 5 currency is in short supply. So I suggested that Rs 25 notes be introduced. They can even replace the Rs 20 notes. Then if someone has to pay Rs 5, he or she can tender a Rs 25 note and take two Rs 10 notes in return. Likewise Rs 15 can be paid by paying Rs 25 and taking a return of Rs 10 and the like,” said Mr. Singhal.

Though he sent the same suggestion about 10 times in the last two months, Mr Singhal said his moment of reckoning came by way of a phone call from the All India Radio on New Year’s Day. “I got a call in the evening saying the Prime Minister had liked my suggestion and the Reserve Bank of India has been directed to look into the possibility of introducing the Rs 25 notes.”

The AIR, he said, subsequently even invited him for a programme in which he shared his view. The programme was aired thrice in the first week of this month. “It was aired on AIR Rainbow and two other channels,” he said proudly.

Mr Singhal said he was now waiting for the Rs 25 notes to become a reality since that would save everyone from the daily problem of loose change.