Saturday, 8 February 2014

One billion plastic currency notes of Rs 10 denomination


  • One billion plastic notes of Rs 10 denomination will be introduced on a field trail in a five cities in the second half of 2014.
  • The cities are Kochi, Mysore, Jaipur, Shimla, Bhubaneswar.
  • Plastic currency notes are very difficult to imitate and it have an average life span of five years. Moreover plastic currency notes are cleaner than the paper notes.
  • Plastic currency notes were first introduced in Australia to safeguard against counterfeiting of currency.

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