December 20, 2024

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Colour-shifting ink, safety fibres: New options to make recent banknotes counterfeit-proof

Express News Service

NEW DELHI:  A number of recent safety features are anticipated to be added when the RBI goes about printing recent banknotes.

For instance, as an alternative of 1, 4 various kinds of safety threads (24,70,000 km in size) for the Rs 100, Rs 200, Rs 500 and Rs 2,000 forex notes might be launched each time new suppliers are awarded contracts. 

The different safety features – colour-shifting ink for prime and center denomination notes (24,000 kg and 4,600 kg), foil patch (8,000 million items), three varieties of safety fibres (47,000 kg), micro-perforations (one-time expertise switch), paper and ink-based taggants (25,130 kg, microscopic bodily and chemical markers) can even be “reinforced” to make the forex notes counterfeit-proof. 

Some of the overseas firms who’ve despatched of their bids for the safety thread characteristic are Optaglio Ltd (Czech Republic), Fedrigoni SpA (Italy), Papierfabrik Louisenthal GmBH (Germany), Hueck Foilen GmbH (Austria) and Crane & Co Inc (United States). GleitsMann Security Inks (Germany) and SICPA SA (Switzerland) are among the many overseas firms which have bid for the color-shifting ink characteristic. 

Leonhard Kurz Stiftung & Co KG (Germany), Honeywell International Inc, De La Rue, Bundes Druckerei, Komsco (South Korea), Landqart AG, Oberthar Fiduciaire SAS, Goznak, Keit Ltd (Bulgaria), Stardust Materials LLC (US) and Woollard & Henry Ltd (UK) are the opposite overseas firms who’ve taken half within the Global Prequalification Tender.

The bids had been opened on September 1, 2017. But bodily inspections of the overseas suppliers couldn’t occur resulting from varied causes.