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Covid19, Currency Usage & analysis for Polymer Banknotes in India

Published By: Spinnaker
Publication date: July 1, 2021

Despite the increasing use of electronic payments, currency retains an important role in the payment system of every country. However, today, the crime of counterfeiting the currency continues to present a potential danger to national economies and financial losses to consumers at large. Further, with the recent COVID-19 pandemic there has been a debate on the risk of spreading viruses & other infectious diseases through contaminated paper currency notes. This report examines the probability of disease being spread due to currency notes as well as the probability of polymer currency notes in India as an alternative to paper currency.

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