Plastic currency

Plastic currency News

Nipping it in the black

It’s better to adopt measures to tighten the creation of black money than to be quixotic about its return.

Time to move towards plastic currency, payment gateways: Arun Jaitley

Jaitley had on May 30 inaugurated the New Bank Note Paper Line with an annual capacity of 6,000 tonnes at the Security Paper Mill at Hosanghabad.

Advertising

At mint corporation event, FM suggests use of cheques, plastic currency

Jaitley emphasised the need to encourage the use of plastic currency and cheques in place of cash.

Currency to go plastic soon starting with R10

Five cities Kochi, Mysore, Jaipur, Bhubaneswar and Shimla have been identified for the pilot test where 1 billion notes will be issued.

Advertising