When will govt launch plastic currency notes?: Key Highlights | TheBriefWire
When will govt launch plastic currency notes?
Published 12 August 2026 ยท finance
Synopsis The circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the Reserve Bank of India's governor
Synopsis The circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the Reserve Bank of India's governor following a recent policy meeting. The government has greenlit the RBI's proposal for field trials, with the procurement of these polymer banknotes currently underway. However, specific details regarding the launch date and associated costs remain undisclosed.
Published: August 12, 2026 โข 2:44 PM IST ยท Updated: August 12, 2026 โข 3:38 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis The circulation of plastic currency notes is set to begin in the next financial year, as confirmed by the Reserve Bank of India's governor following a recent policy meeting.
The government has greenlit the RBI's proposal for field trials, with the procurement of these polymer banknotes currently underway.
However, specific details regarding the launch date and associated costs remain undisclosed.