Muraly
Muralidharan R
Dont think it will solve black money. But it has benefits like
1. Polymer/Plastic Banknote has life span of 5 years but paper notes have only one year.
2. It will be cleaner than paper notes.
3. It cant be easily imitated.
The polymer notes were first introduced in Australia to safeguard against counterfeiting of currency.
Besides Australia, other countries which have introduced plastic notes include New Zealand, Papua New Guinea, Romania, Bermuda, Brunei and Vietnam.
1. Polymer/Plastic Banknote has life span of 5 years but paper notes have only one year.
2. It will be cleaner than paper notes.
3. It cant be easily imitated.
The polymer notes were first introduced in Australia to safeguard against counterfeiting of currency.
Besides Australia, other countries which have introduced plastic notes include New Zealand, Papua New Guinea, Romania, Bermuda, Brunei and Vietnam.
blookerilian
Someone... Alive...
Besides Australia, other countries which have introduced plastic notes include New Zealand, Papua New Guinea, Romania, Bermuda, Brunei and Vietnam.
jitenmazee
Banned
I think the most obvious benefit from the plastic notes is its long life and capable of long lasting a few decades. We will not worry about our notes to get wet in rain which is generally happens today. But it may be very expensive to print the plastic notes.