Suggestion: We should have EXPIRY DATE for every currency note in our country. This must be printed on the currency in a manner that is illiteracy-proof (eg. Colour Coding of the Notes). GRACE DATE must also be printed as the date by which the currency note must be exchanged at the banks. Please specify by law that any transaction above a certain amount shall not be done by physical cash handover by the giver to the receiver, and that should be done only the physical deposit of the cash by the giver into the account of the receiver and the giver and receiver must sign the bank pay-in-slip.

Benefits: