Plastic currency

RBI to soon test waters with plastic notes of one denomination

RBI will soon "test waters" for plastic currency, beginning with Rs 10 notes and the process should be "fully on" in the coming year.

Jul 02, 2015, 20:26 PM IST

Need to move towards plastic currency: FM Jaitley

Finance Minister Arun Jaitley on Tuesday made a case for greater use of plastic currency even as he stressed that development of new facilities at Hoshangabad and Mysore would help in reducing reliance on imports for printing of currency notes.

Jun 02, 2015, 15:04 PM IST

FM Jaitley for greater use of plastic currency to tackle black money

"As the economy grows, there is a roadmap, and the roadmap is that more and more people start discarding the use of currency and switch over to either cheques or plastic currency," he said.

Mar 27, 2015, 21:03 PM IST

Use cheques, cards to check black money: FM

Finance Minister Arun Jaitley on Friday made a case for encouraging the use of cheques and "plastic currency" to tackle the generation of black money.

Mar 27, 2015, 16:38 PM IST