India

This tag is associated with 2 posts

India Switches Rs500 & 1,000 Notes To Blue Paper

After a significant “large-scale circulation of fake notes” throughout India over the past year, the Indian government has decided to begin printing Rs500 and Rs1,000 on special blue security paper to curtail counterfeiting in the region.
Blue paper is made by combining cotton and linen fibre with a special dye that only glows under ultraviolet rays. [...]

Indian charity issues zero rupee banknotes

Fifth Pillar, an Indian charity that confronts corrupt officials, has issued a zero banknote as a way to protest ongoing bribery and extortion in the country.
The notes have no value, but look identical to Indian banknotes and carry the slogans “Eliminate corruption at all levels” and the pledge “I promise to neither accept nor give [...]

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