The Reserve Bank of India (RBI), the apex banking authority of India, is considering suggestions from people of India to put Indian luminaries other than M K Gandhi on our currency notes. RBI has received several recommendations, among the recommendation are Dr B R Ambedkar, Netaji Subhash Chandra Bose, Chhatrapati Shivaji, Rabindranath Tagore, Jawaharlal Nehru and Indira Gandhi.
Mahatma Gandhi made his first appearance in 1987 on a Rs. 500 note since then he has had a monopoly in our currency notes. From 1996, he has been on all the denominations. Before the Mahatma, the Ashoka Pillar used to be the most dominant feature on bank notes.
According to an RBI spokesperson, “The recommendation to print the image of Mahatma Gandhi on the watermark/banknotes was made by the Central Board of RBI in 1993 which was later approved by the Government of India”.
Now RBI is considering to put other Indian luminaries other than the Mahatma on our currency and we may see some new faces on our currency note soon.