The circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the Reserve Bank of India's governor following a recent policy meeting. The government has greenlit the RBI's proposal for field trials, with the procurement of these polymer banknotes currently underway. However, specific details regarding the launch date and associated costs remain undisclosed.

The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressures exist. The Goods and Services Tax…

Government approves one billion ₹10 and ₹20 polymer banknotes for trials, with procurement at an initial stage, says Finance Minister.