The reported trial would test plastic currency in lower denominations, a shift that could inform future decisions on note durability and circulation.
India is set to begin a pilot project for polymer (plastic) ₹10 and ₹20 banknotes starting next year, India Today reported. The trial would test whether polymer notes, which are typically used for greater durability and resistance to wear, could be introduced into circulation for lower-value denominations. The move matters because central banks often assess polymer banknotes as a way to reduce replacement frequency and improve note lifespan before considering broader adoption.