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RBI’s Plastic Currency Plan Sparks Fresh Debate
By Krihaa News Team
•2 hours ago
•1 min read
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Key Highlights
- 1The Reserve Bank of India's proposal to introduce plastic, or polymer, currency notes has once again come into focus, triggering public discussion over the future of Indian banknotes.
- 2Polymer notes are widely used in several countries because they are more durable, cleaner and harder to counterfeit than conventional paper currency, making them an attractive long-term option for central banks.The proposal has also generated mixed public reactions.
- 3While many believe polymer notes could improve the lifespan and security of currency, others have raised concerns about their environmental impact and implementation costs.
✓Fact-Checked by Krihaa Editorial
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