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The Reserve Bank (RBI) prints – The Zero Rupee Note

ZERO RUPEE NOTE

The Reserve Bank (RBI) prints notes of various denominations starting from Rs 1 to Rs 2,000. But how would you feel if I tell you that there is a zero rupee note too that exists in the country?

Well, the zero rupee note is not a typical Indian note having sovereign guarantee by the RBI but was published by a Chennai-based NGO called 5th Pillar in the year 2007 to fight corruption. Zero Rupee Notes are distributed by 5th Pillar volunteers in railway stations, bus stations, and marketplaces to raise awareness about bribery and remind the public of their rights and alternative solutions that are otherwise available.

In place of the RBI, the note reads eliminate Corruption at all levels. It also said, “I PROMISE TO NEITHER ACCEPT NOR GIVE BRIBE”. The success of the notes Iies in the willingness of the people to use them. People are willing to stand up against the practice that has become so commonplace because they are no longer afraid.

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