So you want to increase the circulation of money to remove poverty. The idea you are providing will cause more inflation in our economy. The price of goods will be higher because people will have a lot of free money in their hands which they will use instantly to store valuable items from the market. This will create shortages of goods supply than demands which will increase the price instantly.

If govt really wants to stable the economy then it should have focused on holding the PPP of its currency by increasing or decreasing cash from the circulation. But what govt doing is adding more paper cash in circulation. This will never solve the inflation problem.