RBI gives 200 kg old notes to NID students for recycling 
The Reserve Bank of India (RBI) has sent blocks of demonetised â¹500 and â¹1,000 notes weighing 200 kg to the students of the National Institute of Design (NID) for recycling. The institute will hold an all-India competition in May to recycle these blocks into some useful items. Winning ideas will be awarded prize money of â¹50,000, â¹75,000 and â¹1 lakh.