Nepal to issue new banknotes featuring disputed territories with India within a year

The Nepal Rastra Bank (NRB), the country’s central bank, is preparing to print new currency notes which will feature the revised map that will include disputed territories with India.

A report by Nepal Khabar quoted joint spokesperson of the NRB, Dilli Ram Pokharel, as saying that the procedure for printing the new 100-rupee notes of Nepal has been initiated and expected to be completed and issued within six months to a year.

The banknotes will display the areas of Kalapani, Lipulekh, and Limpiyadhura as part of Nepal’s territory.

The order for the new and updated banknotes comes after the decision of Nepal’s cabinet led by the then-Prime Minister Pushpa Kamal Dahal ‘Prachanda’ on May 3. It was decided to print new banknotes with the inclusion of the new map showing Kalapani, Lipulekh, and Limpiyadhura as part of Nepal.

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In May 2020, the Nepal government under K P Sharma Oli had unveiled the country’s new political map with the inclusion of Lipulekh, Kalapani and Limpiyadhura areas within its territory. The new map was formally endorsed by the Nepalese Parliament and the old map was replaced in all the official documents despite objections from India.

India, meanwhile, maintains Lipulekh, Kalapani and Limpiyadhura rightfully belong to it. The ongoing territorial dispute has been a point of contention between both the neighbouring nations.

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Nepal shares a border of over 1,850 km with five Indian states - Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand.

With inputs from agencies.