India considering 10-rupee polymer note

According to an article in IndiaWest dated 9 July 2012, the Reserve Bank of India said it is working on launching polymer banknotes and will soon start a pilot project. "Counterfeiting of plastic notes is very difficult. So we are planning to launch some plastic money on pilot basis in 4-5 centers like Jaipur, Shimla and Bhubaneshwar. We are working on it," RBI Deputy Governor H.R. Khan told reporters. The bank has made similar statements over the past three years and nothing has come of it yet.

Courtesy of Phil Martin.