2 Rupees Khadi Hundi promissory note

The Khadi & Village Industries Commission, a statutory body established under a 1956 Act of Parliament, issued these hundi-style promissory notes as internal vouchers to facilitate transactions within the khadi trade network — not as currency in any legal sense. They circulated among approved khadi producers, traders, and retail outlets as a kind of quasi-monetary instrument tied specifically to the commission's supply chain, bypassing conventional banking in rural areas where khadi weavers had little access to formal credit.

The use of the hundi form — a traditional South Asian negotiable instrument predating British commercial law — was a deliberate nod to Gandhian economic philosophy, which the commission was explicitly created to promote.