Motilal Oswal
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Currency

Wondering what happened to your currency after demonetisation: Here’s the answer

Updated : February 23, 2019 07:26 PM IST

Do you know what happened to the currency notes after demonetisation?

Shruti Malhotra met professor at National Institute of Design (NID), Pravinsinh Solanki who took it upon himself to ensure the shredded banned currency is recycled creatively.

RBI sent over 200 kilograms of the shredded notes to the institute and Solanki decided to hold a contest asking his students to come up with ideas and products in an attempt to recycle this waste and put it to work.

The contest got a stupendous response from Solanki’s design students. From bricks, wallets to bags, stools and even pencils. The scrapped notes got a new lease of life.
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