Such a Centre will facilitate human resource capacity building in the currency production eco-system of the country and emerge as a global centre of excellence, he said. Das also laid the foundation stone for establishment of a Learning and Development Centre (LDC) of BRBNMPL in Mysuru. This is in line with India’s march towards achieving complete self-reliance to commence manufacturing of all critical and key raw materials used in printing bank notes, the statement added. Further, commissioning of varnish plant for manufacturing different types of varnishes and production of medium and special additives indigenously in-house has helped the currency eco-system in achieving two-fold goals of cost-efficiency and reduced import dependency”, the statement added. “This unit also manufactures Colour Shift Intaglio Ink (CSII) and meets the entire requirements of bank note printing presses in India, which has resulted in cost efficiency and self-sufficiency in bank note ink production. It ensures that the entire requirement of banknote printing inks is produced in-house”, the statement said. “It is a boost to ‘Make in India’ initiative. He recognised the substantial progress made towards achieving self-reliance in bank note production eco-system in India while emphasising the importance of “continuously building capacity (in terms of people, process and technology), research and development and innovation to achieve 100% self-sufficiency in banknote manufacturing in the near future”.Ī press statement from RBI said BRBNMPL has set up Varnika with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes. Das was delivering an address after dedicating Varnika, the ink manufacturing unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI, to the nation in Mysuru on Monday. ![]() Reserve Bank of India (RBI) Governor Shaktikanta Das has emphasised the importance of building capacity to achieve 100% self-sufficiency in bank note manufacturing in the country.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |