RBI plastic note trial: When will India get new polymer currency?
India could soon introduce polymer banknotes for the first time. The government has authorised the RBI to print 2 billion polymer Rs 10 and Rs 20 notes for field trials, while making it clear that paper currency is not being phased out. In this video, we explain what polymer banknotes are, how they differ from cotton paper notes, why they last longer, and why India is reviving a proposal first considered nearly two decades ago. We also look at the countries already using polymer currency and what happens next if the trials succeed.