The future belongs to plastic currency instead of paper currency
Updated: Saturday, 18 March 2017 (16:55 IST)
After the new 500 and 2000 rupees currency notes, now you may see new 10 rupees notes too, but relax, unlike 500 and 2000 rupees currency notes, the existing 10 rupee note is not going to be demonetized.
On friday, govermnent of India authorized RBI to do a field trial of the plastic note of 10 rupees. As of now, the field trial will be done on five places.
Union finance minister of state Arjun Ram Meghwal has confirmed the news. He has said that plastic notes have got a larger life then the normal paper currency. They are hard to be faked and they are also more clean.
In a way, the future belongs to plastic currency instead of paper currency.
