The Reserve Bank of India (RBI) is preparing to introduce polymer (plastic) banknotes for ₹10 and ₹20 denominations as part of a field trial. While the initiative begins on a small scale, it represents a significant step toward modernizing India's currency system. For years, lower denomination notes have worn out quickly because they are used in everyday transactions. Frequent replacement of damaged notes results in substantial printing and distribution costs. By introducing

India is making bold moves on the global economic stage — and the world is starting to take serious notice. In a significant shift from...