Economy & Employment · India
Indian and overseas firms bid to supply polymer for possible plastic banknotes
Published
Preparations for polymer currency advanced as domestic and foreign companies sought contracts to supply specialised sheets for Indian banknotes.
Why it matters
A shift in note material would affect printing costs, durability, security suppliers and the cash-handling system used by millions of businesses.
Evidence assessment
Jansatta reports the bidding activity and proposed material. The supplied article does not establish a final decision to issue polymer notes.
Medium confidence — The supplied report supports the immediate development; remaining limits are stated in the evidence note.
Coverage assessment
Developing across 1 source desk.
The development is documented, while implementation or longer-term effects require follow-up.