"It was decided by the government and the Reserve Bank to introduce 1 billion pieces of Rs 10 notes in polymer, plastic on a field trial basis in the cities of Kochi, Mysore, Jaipur, Bhubaneshwar and Shimla.... The process of field trial has been initiated by RBI.
"A decision to issue polymer/plastic banknotes for long term circulation will be taken on the basis of the outcome of the field trial," MoS for Finance S S Palanimanickam said in a written reply in the Lok Sabha.
The Minister further said that eight vendors responded to the Pre-Qualification Notice (PQN) issued by the RBI and the government has conveyed their security clearance to Reserve Bank on January 18, 2013.
The review of policy of production of currency notes is a dynamic and continuous process which is carried out in accordance with extant guidelines, Palanimanickam said.