INR 10, INR 20 Polymer Notes Approved for Field Trials: When Will They Be Introduced?

The government has approved one billion polymer banknotes each of INR 10 and INR 20 for field trials, Finance Minister Nirmala Sitharaman informed the Rajya Sabha. The RBI had proposed the notes for testing before regular issuance. Polymer notes are expected to circulate alongside paper banknotes, but the government said no exact launch timeline or cost can yet be determined.