A whopping 10 lakh notes were printed on defective currency paper from the Hoshangabad Security Paper Mill
"It has been decided to print banknotes based on plastic or polymer substrate. The process of procurement has been initiated," Minister of State for Finance Arjun Ram Meghwal said in a written reply in Lok Sabha to a query whether Reserve Bank of India proposes to print plastic currency notes in place of paper ones.
Arun Jaitley on Tuesday made a case for greater use of plastic currency