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For the disposal of mutilated notes, RBI is now working on an important plan to make paper paper notes environment friendly.
RBI Planning on Torn Notes: Often you must be wondering what happens to the severed notes? This question is also bound to arise because at some time you too must have faced with mutilated notes. It is possible that you too have changed the cut notes many times. The question must also have come that how would they be used later? The Reserve Bank of India has made an important plan for disposal of paper note. In this episode, RBI is in efforts to make paper -friendly ie environment friendly. According to the news agency PTI, now the Reserve Bank of India will use the tapped notes to make wooden boards. RBI has now started working on a process in which the wooden board makers are being included in the panel. Due to the nature friendly of paper notes, you will also be able to get rid of the damage used for their disposal.
RBI gave this important information
The Reserve Bank of India released a report in 2024-25 stating that the pieces of the note produced this year were about 15,000 tonnes. This is the reason that now the RBI Greener is eyeing the Alternatives (Green Options). The important thing is that most of the Central Banks and the Authority banks connected in Karrency Management do the disposal of notes, to fill the ground or burn it as fuel. This disposal of notes also causes a lot of damage to the environment. In this regard, the RBI had also conducted a study in which attention was also paid to finding options for disposal of notes. This study was done by Autonomous Bazi and Wood Science Ant Technology under the Union Ministry of Environment, Forest and Climate Change. In this study, it was revealed that blocks made from torn and old notes are in line with the technical requirements of the wooden board.
This work will be done
Particle board manufactures are being included in a panel for this disposal process. These manufacturers will also buy briquette. It is reported that this scheme will be implemented in any case because the chemicals used in threads, fiber, ink and printing used in banks notes have side effects on the environment. This is the reason that the disposal of severed notes was felt to make the need completely durable and nature friendly. After the demonetisation in 2016, there was a huge amount of statements in the old notes in a severed condition.
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