The government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee polymer notes will undergo field trials. These new notes are expected to be more durable and have a longer lifespan. The introduction of polymer notes is still in a preliminary phase.

India's Finance Ministry has approved the RBI's proposal to conduct field trials of polymer banknotes, issuing one billion pieces each in ₹10 and ₹20 denominations.

Government approves trial and regular issuance of ₹10 and ₹20 plastic notes, clarifying they won't replace paper currency.