Reserve Bank of India Plastic Money Pilot Project
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Source: Indulge Express
The Reserve Bank of India plans to introduce plastic polymer notes made of biaxially oriented polypropylene (BOPP) as a pilot project to expand the lifespan of currency notes. The pilot will start with Rs 10 and Rs 20 denominations, and if successful, will be extended to larger denominations. The project aims to address the issue of soiled and torn paper notes by using durable, water-resistant pla
- Status
- Prospective
- Sector
- Water Supply and Storage, Forest Products and Packaging
- Location
- India
- Updated
- 22 Jul 2026
- Source
- Indulge Express
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Reserve Bank of India plans to introduce plastic polymer notes made of biaxially oriented polypropylene (BOPP) as a pilot project to expand the lifespan of currency notes. The pilot will start with Rs 10 and Rs 20 denominations, and if successful, will be extended to larger denominations. The project aims to address the issue of soiled and torn paper notes by using durable, water-resistant plastic notes with enhanced security features. |
Original sector | Finance |
Location
Country | India |
Source
Source | Indulge Express |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Forest Products and Packaging |
Article published date | 2026-07-20 |
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