The scientists from the CSIR-National Physical Laboratory has developed a new ink which will be able to better catch the counterfeit documents including currency notes. The Press Information Bureau (PIB) of India informed the public through a tweet saying, “Discovery of ink to curb fake printing of passports and counterfeiting of currency notes. @CSIR_IND National Physical Laboratory has developed a bi-luminescent security ink which glows in red and green colours when illuminated”.
The special ink that has been developed by the National Physical Laboratory is a bi-luminescent security ink which glows in red and green colours when illuminated by two different excitation sources at 254 nano meters (nm) and 365 nm, respectively.
Discovery of ink to curb fake printing of passports and counterfeiting of currency notes. @CSIR_IND National Physical Laboratory has developed a bi-luminescent security ink which glows in red and green colours when illuminated.@IndiaDST— PIB India (@PIB_India) March 3, 2020
More details: https://t.co/CrOrSclcCd
This ink has been prepared in the batches of 1 Kilograms and has been provided to Bank Note Press (BNP), Dewas, a unit of Security Printing Minting Corporation of India Ltd. (SPMCIL), New Delhi.
When compared to ink that is currently being it was found that the standard is almost the same. The release said, “The formulation can be used to check the authenticity of passports, Government documents, tamper evident labels, identity cards, etc.”.
Dr Harsh Vardhan, Minister of Science and Technology, Health and Family Welfare, and Earth Sciences had stated the same in a written reply to a question in the Rajya Sabha today.
The Reserve bank of India also called RBI released the new currency notes with added features, but still many factories producing counterfeit notes were found, it’s also assumed that there are many counterfeit currency notes in circulation right now, but having said this, the new ink will help any person to verify whether the currency note is authentic or not.
Additionally, on the official website of RBI, the top bank of the country tells a number of features which can help people from distinguishing the real currency notes from the fake ones.
As per the RBI’s annual report, during 2018-19, out of all the Fake Indian Currency Notes (FICNs) detected by the banking sector in the country, 94.4% were detected by banks, and 5.6% by the RBI.