Notes and Coins.

Press Information Bureau

Government of India

Ministry of Finance

30-March-2012 17:25 IST

Notes and Coins

The Government has initiated a process of introducing advanced security features in the Indian banknotes of all denominations to check the menace of fake currency.

The acquisition of security features is made following the eight stage acquisition process recommended by the Banerjee Committee and accepted by the Government to promote transparency and accountability.

This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question in the Lok Sabha today.

SS/SL