Minister of State for Finance Pankaj Chaudhary on Tuesday said the government has taken no decision to introduce plastic notes. Efforts to enhance the durability and counterfeit resistance of the Indian banknotes is an ongoing process, he said in a written reply to the Rajya Sabha. As per the RBI Annual Report 2022-23, he said, "The total expenditure incurred on security printing stood at Rs 4,682.80 crore for 2022-23. No cost has been incurred on printing of plastic notes". "Government has taken no decision to introduce plastic notes in terms of section 25 of the Reserve Bank of India Act, 1934. Efforts to enhance the durability and counterfeit resistance of the Indian banknotes is an ongoing process," the minister said. In reply to another question, Chaudhary said trading illegal commodities using any kind of assets, including crypto assets, is a crime and is dealt with as per existing penal provisions. The Anti-Money Laundering (AML)/ Counter Financing of Terrorism (CFT) provis Read The Rest at :