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RBI to develop app for visually impaired to help identify new notes

Visually impaired people were facing hardship in the identification, usage and transaction of the new currency notes of Rs 2,000, Rs 500, Rs 200 and Rs 50 denominations.

By Newsd
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RBI to develop app for visually impaired to help identify new notes
Source: Live Mint

In an effort to help the visually impaired, the Reserve Bank of India is likely to develop an app that will help them identify new currency notes.

The move came after an application was filed by advocate Rohti Dandriyal in a pending PIL filed by three advocates, a company secretary and NGO All India Confederation of Blind, who had sought a change in the new currency notes to make them easily identifiable and differentiable for the visually impaired. The PIL has said visually impaired people were facing hardship in the identification, usage and transaction of the new currency notes of Rs 2,000, Rs 500, Rs 200 and Rs 50 denominations.

As a reply to the application, RBI decided to take the matter to Delhi High Court. It informed the bench of Justice Rajendra Menon and Justice V Kameswar Rao that it is exploring the feasibility of developing a device for the identification of bank notes by the visually impaired.

Also read: RBI to ease SLR norms from October to induce liquidity

According to a report by Hindustan Times, the RBI said in the affidavit that, “Changing design of currency is a serious matter and needs to be considered with respect to its viability, cost and other factors at all levels. The RBI is exploring various alternative options including the feasibility of developing a mechanism/device for identification of denomination of banknotes by the visually impaired.”

The Central Bank told the bench that a presentation has also been taken from a developer of the mobile app to study its feasibility.

RBI however, did not specify the changes yet. It did not recommend the feasibility to print notes in different shapes because of the disadvantages like folded corners being confused with clipped corners, concerns in handling and degradation, creation of false positives, etc.

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