The government of India said it has decided to introduce 100 crore polymer bank notes in denomination of Rs 10 on trial basis.
It will be on field trial basis at five locations in the country, Minister of State for Finance Namo Narain Meena said in a written reply to the Lok Sabha.
"A final decision will be taken depending on the results of the field trial," he said.
The Reserve Bank had floated a global tender for introduction of 100 crore plastic currency in 2009.
The polymer notes were first introduced in Australia to safeguard against counterfeiting of currency.
Besides Australia, other countries which have introduced plastic notes include New Zealand, Papua New Guinea, Romania, Bermuda, Brunei and Vietnam
It will be on field trial basis at five locations in the country, Minister of State for Finance Namo Narain Meena said in a written reply to the Lok Sabha.
"A final decision will be taken depending on the results of the field trial," he said.
The Reserve Bank had floated a global tender for introduction of 100 crore plastic currency in 2009.
The polymer notes were first introduced in Australia to safeguard against counterfeiting of currency.
Besides Australia, other countries which have introduced plastic notes include New Zealand, Papua New Guinea, Romania, Bermuda, Brunei and Vietnam
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