Plastic Currency
A lot of people never use there
initiative because no one told them to but Reserve Bank Of India Is Working On
a Mind-blowing plan that is switching paper currency into Plastics or we say
polymers , the main reason behind it is
Security, Reliabily and to reduce illicit Money from country. May be from next
year it will works it is developed with high security features. If it success
then it increases the life of our currency because paper money which are
prevailing now a days are teard , moisturized and malfunctioned
easily which reduces life of the
currency.
RBI Governer Mr. Raghuram Rajan Says A couple of months before For maintain long Term uses of Currency notes, we have to prepare on such a classic way of it that its life increases number of times then existing ones, his Decision works and from 2015 it will published and will issued initially to five cities Coacchi, Maisur, Jaipur , Bhuvneshwar And Shimla for checking different whether affects on that currency however currency published is low in amount initially . Benefits of plastic money is they are high resistance againstance Smear ,tear and split . However many countries like Australia, Brunai , Papua New Guinea and couple of more uses plastic currency .
RBI Governer Mr. Raghuram Rajan Says A couple of months before For maintain long Term uses of Currency notes, we have to prepare on such a classic way of it that its life increases number of times then existing ones, his Decision works and from 2015 it will published and will issued initially to five cities Coacchi, Maisur, Jaipur , Bhuvneshwar And Shimla for checking different whether affects on that currency however currency published is low in amount initially . Benefits of plastic money is they are high resistance againstance Smear ,tear and split . However many countries like Australia, Brunai , Papua New Guinea and couple of more uses plastic currency .
- Rahul Jain
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