#FactCheck- Viral Image Falsely Claims RBI Has Issued New ₹500 Plastic Note Replacing Gandhi With Ashoka Pillar
Executive Summary
An image of a purported new ₹500 plastic banknote is being widely shared on social media. Users claim that the Reserve Bank of India (RBI) has issued the new note and replaced Mahatma Gandhi’s portrait with the Ashoka Pillar.The CyberPeace Research Wing research found the claim to be misleading. The probe revealed that RBI has not issued any new ₹500 plastic banknote. Furthermore, no official announcement or decision has been made regarding the removal of Mahatma Gandhi’s portrait from Indian currency and its replacement with the Ashoka Pillar.
Claim
An Instagram user shared the viral image with the claim: “RBI has issued a ₹500 plastic note in which Mahatma Gandhi’s image has been removed and replaced with the Ashoka Pillar.” The claim has been widely circulated on social media, with many users sharing the image as genuine. The post link, archived version, and screenshot can be seen below.

Fact Check
To verify the claim, we conducted a keyword search on Google. However, we found no credible media reports suggesting that RBI had issued a new ₹500 plastic note featuring the Ashoka Pillar in place of Mahatma Gandhi. We then searched the official RBI website for any notification or announcement related to the claim. Our search yielded no official communication supporting the viral claim.

During the research, we also came across a report published by Business Standard. According to the report, the Reserve Bank of India is exploring the possibility of introducing polymer (plastic) currency notes in the future. The report states that RBI is studying and discussing the proposal in view of the growing global adoption of polymer notes and their greater durability. However, the report does not state that RBI has already issued a new ₹500 plastic note. Nor does it mention any decision to remove Mahatma Gandhi’s portrait from existing currency notes and replace it with the Ashoka Pillar.
- https://www.business-standard.com/finance/news/rbi-set-to-unveil-polymer-rupee-notes-amid-rising-currency-demand-126052801725_1.html

Conclusion
The research found that the viral claim is misleading. RBI has not issued any new ₹500 plastic banknote, and there has been no official announcement or decision to replace Mahatma Gandhi’s portrait on Indian currency with the Ashoka Pillar.
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Introduction
As the sun rises on a new chapter in the Indian telecommunications narrative, the corridors of power in New Delhi are abuzz with palpable excitement and a hint of solemnity. Here, a groundbreaking proposal stands before the lawmakers of the Lok Sabha, not simply a proposed amendment or update to an existing statute, but the cornerstone of a reimagined communications epoch—the Telecommunications Bill of 2023. In every sense, this legislative masterpiece embodies a country at the intersection of tradition and innovation, eager to part ways with vestiges of colonial infrastructure that have shaped its modern landscape.
The Origins
Steeped in history, India's telecommunications system has persevered through a patchwork of regulations and ad hoc policies, growing somewhat unwieldy under the shadow of the Indian Telegraph Act (1885), the Wireless Telegraphy Act (1933), and the Telegraph Wires (Unlawful Possession) Act (1950). Yet, it is within this context of the old guard, a relic of British administration, that the new Telecommunications Bill seeks to transcend the limitations of the past. It aims to dismantle barriers and create an ecosystem that is fluid, adaptable, and resonant with the rapid cadence of technological advancements and the demands of a population increasingly reliant on digital connectivity.
In crafting this bill, the creators have meticulously knitted together an intricate fabric of vibrant threads, each signifying a pillar of progress. To herald an era of unparalleled growth and dynamism, the bill looks beyond the scope of traditional telecommunication services, boldly embracing the convergence of digital mediums such as wire, radio, and optical fibers, aligning with the modalities of 21st-century communication. The bill’s very essence is innovation, etching a new paradigm through its provisions and signalling India's readiness to interface with the ever-expanding digital frontier.
The Defining Features
A novel and defining feature of this bill is its departure from a rigid licensing regime. It forges ahead with 'authorizations'—a signifier that resonates with flexibility, adaptability, and a regulatory approach that isn't mired in bureaucratic inertia but is rather an enabler of swift technological adoption and market responsiveness. This transformative philosophy signifies a departure from the byzantine processes of yore, orbiting instead toward an agile governance model that is both responsive to current needs and anticipative of future trends.
The introduction of mandatory biometric authentication for telecom customers articulates an unyielding stance against the rampant misuse of communication networks. Indeed, this measure draws a fine line between the right to privacy and the exigencies of data protection, posing ethical questions that animate public discourse. This balance seeks to thwart unsolicited commercial communication, exemplifying the state's vigil on the sanctuaries of personal space and tranquility.
In addition, the forward-looking bill tactically addresses the strategic use of spectrum resources with an undercurrent of prescience. By granting ‘spectrum assets’ legislative stature through the National Frequency Allocation Plan and enabling operators to adapt through 'refarming', the bill forms a visionary blueprint for resource optimization. It inherently recognizes that bandwidth is not simply a commercial commodity but one that serves the wider canvas of national imperatives, connectivity goals, and developmental aspirations.
Further embodying the dual themes of openness and vigilance, the bill incorporates provisions for interception and the implementation of a 'trusted sources' regime, a tacit acknowledgement of the cybersecurity challenges that loom on the horizon amidst increasing geopolitical strains. These measures exemplify the act of walking a tightrope between the democratic ideals of transparency and the unyielding requirements of state security.
Looking to the skies, the bill embraces satellite technologies, foreseeing their potential in unshackling the remote and marginalized areas from the constraints of terrestrial infrastructure and thus forging a digitally inclusive society. Acknowledging the expanse of the Indian subcontinent, the bill paves the way for an interconnected, digital hinterland via thoughtful satellite spectrum allocations.
Emphasizing the human thread in the digital weave, the reformulation of the Universal Service Obligation Fund into 'Digital Bharat Nidhi' underscores an unwavering commitment to reaching the unreached. It's the crystallization of a promise that every Indian, regardless of geographical and socio-economic divides, will be privy to the lenses of opportunity presented by the digital revolution.
The Watershed Moment
The introduction of the Telecommunications Bill of 2023 is a watershed moment, a convergence where history and opportunity coalesce, propelling a nation forward with the ambitions of a burgeoning superpower replacing the Indian Telegraph Act (1885), the Wireless Telegraphy Act (1933), and the Telegraph Wires (Unlawful Possession) Act (1950). It carries within its articles and clauses the anticipation of a billion dreams, the catalyst to a regulatory environment that nurtures innovation, equality, and a forward leap into the future.
Conclusion
Through its comprehensive scope and visionary approach, the bill writes a fresh chapter in India's digital saga. It is an unfolding story, pregnant with the possibilities of a nascent digital age, charting a trajectory for an India poised to define its own digital dome of the sky, under which its citizens will thrive for generations to come. With every legislative step, India crafts its legacy, a narrative of evolution, a tableau that reflects the aspirations of its people and their resolve to embrace the force of technology for the collective good. As this bill advances through the legislative labyrinth, it carries the spirit of a digital renaissance nestled in the heart of the world's largest democracy.
References

Introduction
With the increasing frequency and severity of cyber-attacks on critical sectors, the government of India has formulated the National Cyber Security Reference Framework (NCRF) 2023, aimed to address cybersecurity concerns in India. In today’s digital age, the security of critical sectors is paramount due to the ever-evolving landscape of cyber threats. Cybersecurity measures are crucial for protecting essential sectors such as banking, energy, healthcare, telecommunications, transportation, strategic enterprises, and government enterprises. This is an essential step towards safeguarding these critical sectors and preparing for the challenges they face in the face of cyber threats. Protecting critical sectors from cyber threats is an urgent priority that requires the development of robust cybersecurity practices and the implementation of effective measures to mitigate risks.
Overview of the National Cyber Security Policy 2013
The National Cyber Security Policy of 2013 was the first attempt to address cybersecurity concerns in India. However, it had several drawbacks that limited its effectiveness in mitigating cyber risks in the contemporary digital age. The policy’s outdated guidelines, insufficient prevention and response measures, and lack of legal implications hindered its ability to protect critical sectors adequately. Moreover, the policy should have kept up with the rapidly evolving cyber threat landscape and emerging technologies, leaving organisations vulnerable to new cyber-attacks. The 2013 policy failed to address the evolving nature of cyber threats, leaving organisations needing updated guidelines to combat new and sophisticated attacks.
As a result, an updated and more comprehensive policy, the National Cyber Security Reference Framework 2023, was necessary to address emerging challenges and provide strategic guidance for protecting critical sectors against cyber threats.
Highlights of NCRF 2023
- Strategic Guidance: NCRF 2023 has been developed to provide organisations with strategic guidance to address their cybersecurity concerns in a structured manner.
- Common but Differentiated Responsibility (CBDR): The policy is based on a CBDR approach, recognising that different organisations have varying levels of cybersecurity needs and responsibilities.
- Update of National Cyber Security Policy 2013: NCRF supersedes the National Cyber Security Policy 2013, which was due for an update to align with the evolving cyber threat landscape and emerging challenges.
- Different from CERT-In Directives: NCRF is distinct from the directives issued by the Indian Computer Emergency Response Team (CERT-In) published in April 2023. It provides a comprehensive framework rather than specific directives for reporting cyber incidents.
- Combination of robust strategies: National Cyber Security Reference Framework 2023 will provide strategic guidance, a revised structure, and a proactive approach to cybersecurity, enabling organisations to tackle the growing cyberattacks in India better and safeguard critical sectors.
Rising incidents of malware attacks on critical sectors
In recent years, there has been a significant increase in malware attacks targeting critical sectors. These sectors, including banking, energy, healthcare, telecommunications, transportation, strategic enterprises, and government enterprises, play a crucial role in the functioning of economies and the well-being of societies. The escalating incidents of malware attacks on these sectors have raised concerns about the security and resilience of critical infrastructure.
- Banking: The banking sector handles sensitive financial data and is a prime target for cybercriminals due to the potential for financial fraud and theft.
- Energy: The energy sector, including power grids and oil companies, is critical for the functioning of economies, and disruptions can have severe consequences for national security and public safety.
- Healthcare: The healthcare sector holds valuable patient data, and cyber-attacks can compromise patient privacy and disrupt healthcare services. Malware attacks on healthcare organisations can result in the theft of patient records, ransomware incidents that cripple healthcare operations, and compromise medical devices.
- Telecommunications: Telecommunications infrastructure is vital for reliable communication, and attacks targeting this sector can lead to communication disruptions and compromise the privacy of transmitted data. The interconnectedness of telecommunications networks globally presents opportunities for cybercriminals to launch large-scale attacks, such as Distributed Denial-of-Service (DDoS) attacks.
- Transportation: Malware attacks on transportation systems can lead to service disruptions, compromise control systems, and pose safety risks.
- Strategic Enterprises: Strategic enterprises, including defence, aerospace, intelligence agencies, and other sectors vital to national security, face sophisticated malware attacks with potentially severe consequences. Cyber adversaries target these enterprises to gain unauthorised access to classified information, compromise critical infrastructure, or sabotage national security operations.
- Government Enterprises: Government organisations hold a vast amount of sensitive data and provide essential services to citizens, making them targets for data breaches and attacks that can disrupt critical services.
Conclusion
The sectors of banking, energy, healthcare, telecommunications, transportation, strategic enterprises, and government enterprises face unique vulnerabilities and challenges in the face of cyber-attacks. By recognising the significance of safeguarding these sectors, we can emphasise the need for proactive cybersecurity measures and collaborative efforts between public and private entities. Strengthening regulatory frameworks, sharing threat intelligence, and adopting best practices are essential to ensure our critical infrastructure’s resilience and security. Through these concerted efforts, we can create a safer digital environment for these sectors, protecting vital services and preserving the integrity of our economy and society. The rising incidents of malware attacks on critical sectors emphasise the urgent need for updated cybersecurity policy, enhanced cybersecurity measures, a collaboration between public and private entities, and the development of proactive defence strategies. National Cyber Security Reference Framework 2023 will help in addressing the evolving cyber threat landscape, protect critical sectors, fill the gaps in sector-specific best practices, promote collaboration, establish a regulatory framework, and address the challenges posed by emerging technologies. By providing strategic guidance, this framework will enhance organisations’ cybersecurity posture and ensure the protection of critical infrastructure in an increasingly digitised world.

Introduction
Social media is the new platform for free speech and expressing one’s opinions. The latest news breaks out on social media and is often used by political parties to propagate their parties during the elections. Hashtag (#)is the new weapon, a powerful hashtag that goes a long way in making an impact in society that so at a global level. Various hashtags have gained popularity in the last years, such as – #blacklivesmatter, #metoo, #pride, #cybersecurity, and many more, which were influential in spreading awareness among the people regarding various social issues and taboos, which then were removed from multiple cultures. Social media is strengthened by social media influencers who are famous personalities with a massive following as they create regular content that the users consume and share with their friends. Social media is all about the message and its speed, and hence issues like misinformation and disinformation are widespread on nearly all social media platforms, so the influencers play a keen role in making sure the content on social media is in compliance with its community and privacy guidelines.
The Know-How
The Department of Consumer Affairs under the Ministry of Consumer Affairs, Food and Public Distribution released a guide, ‘Endorsements Know-hows!’ for celebrities, influencers, and virtual influencers on social media platforms, The guide aims to ensure that individuals do not mislead their audiences when endorsing products or services and that they are in compliance with the Consumer Protection Act and any associated rules or guidelines. Advertisements are no longer limited to traditional media like print, television, or radio, with the increasing reach of digital platforms and social media, such as Facebook, Twitter, and Instagram, there has been a rise in the influence of virtual influencers, celebrities, and social media influencers. This has led to an increased risk of consumers being misled by advertisements and unfair trade practices by these individuals on social media platforms. Endorsements must be made in simple, clear language, and terms such as “advertisement,” “sponsored,” or “paid promotion” can be used. They should not endorse any product or service and service in which they have done due diligence or that they have not personally used or experienced. The Act established guidelines for protecting consumers from unfair trade practices and misleading advertisements. The Department of Consumer Affairs published Guidelines for prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022, on 9th June 2022. These guidelines outline the criteria for valid advertisements and the responsibilities of manufacturers, service providers, advertisers, and advertising agencies. These guidelines also touched upon celebrities and endorsers. It states that misleading advertisements in any form, format, or medium are prohibited by law.
The guidelines apply to social media influencers as well as virtual avatars promoting products and services online. The disclosures should be easy to notice in post descriptions, where you can usually find hashtags or links. It should also be prominent enough to be noticeable in the content,
Changes Expected
The new guidelines will bring about uniformity in social media content in respect of privacy and the opinions of different people. The primary issue being addressed is misinformation, which was at its peak during the Covid-19 pandemic and impacted millions of people worldwide. The aspect of digital literacy and digital etiquette is a fundamental art of social media ethics, and hence social media influencers and celebrities can go a long way in spreading awareness about the same among common people and regular social media users. The increasing threats of cybercrimes and various exploitations over cyberspace can be eradicated with the help of efficient awareness and education among the youth and the vulnerable population, and the influencers can easily do the same, so its time that the influencers understand their responsibility of leading the masses online and create a healthy secure cyber ecosystem. Failing to follow the guidelines will make social media influencers liable for a fine of up to Rs 10 lakh. In the case of repeated offenders, the penalty can go up to Rs 50 lakh.
Conclusion
The size of the social media influencer market in India in 2022 was $157 million. It could reach as much as $345 million by 2025. Indian advertising industry’s self-regulatory body Advertising Standards Council of India (ASCI), shared that Influencer violations comprise almost 30% of ads taken up by ASCI, hence this legal backing for disclosure requirements is a welcome step. The Ministry of Consumer Affairs had been in touch with ASCI to review the various global guidelines on influencers. The social media guidelines from Clairfirnia and San Fransisco share the same basis, and hence guidelines inspired by different countries will allow the user and the influencer to understand the global perspective and work towards securing the bigger picture. As we know that cyberspace has no geographical boundaries and limitations; hence now is the time to think beyond conventional borders and start contributing towards securing and safeguarding global cyberspace.