India reportedly considering 10-rupee polymer note

According to an article in dated 13 March 2013, the minister of state for finance, Namo Narain Meena, has announced that the Reserve Bank of India will issue one billion 10-rupee notes printed on polymer on field trial basis in five cities— Bhubhaneswar, Jaipur, Kochi, Mysore, and Shimla—with varied geographical locations and climactic conditions. The move is designed to extend the lifespan of this denomination, as well as reduce counterfeiting.

No word yet on when the new notes will be issued. The bank has made similar statements over the past four years and nothing has come of it yet.