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The Economic Times

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Economics of plastic notes: Why RBI is considering polymer banknotes

India's currency printing arm is exploring polymer banknotes for future use. These notes offer enhanced durability and security features for the nation. The country destroys billions of worn-out notes annually due to extensive use. Counterfeit currency, particularly Rs 500 notes, remains a significant concern for authorities. Polymer banknotes could help India combat these persistent issues effectively.

22 Jul 2026 12:54 am