Government approves one billion polymer banknotes each of ₹10 and ₹20 for field trials
Key facts
- The government approved polymer banknotes of ₹10 and ₹20 for field trials.
- One billion pieces of each note will be printed for the trial.
- The RBI sent the proposal under Section 25 of the RBI Act, 1934.
- Regular issue will follow if the field trials succeed.
- The Finance Minister told the Rajya Sabha on 11 August 2026.
Why it matters
[Economy] Polymer notes last longer than paper notes. They are also harder to fake. Section 25 of the RBI Act lets the Centre approve a note's design, form and material.
Asked before: NDA II 2017 asked which waves are used to detect forgery in currency notes.
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