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India may soon get plastic notes: Why they are being introduced and what happens to paper money
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The RBI has recently floated a tender to procure material for polymer banknotes, reviving a proposal that has been under consideration for nearly two decades. Polymer notes, which are produced using durable plastic film instead of paper, generally have a longer lifespan and require replacement less frequently because they are more resistant to wear and tear. What's Your Reaction?
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