CNP to raise printing capacity by 4 mn peices

Nashik | Thursday | 23rd November, 2017

Summary:

The press has a capacity of printing 13 million currency notes per day. Revenue stamps, stamp papers, passports and visas are printed at the ISP, while currency notes are printed at the CNP. Now, the press is waiting for fresh order from RBI for printing currency notes in the denomination of Rs 500.The SPMCIL's currency note printing unit at Devas in Madhya Pradesh has three lines for printing. It has just stopped printing of Rs 500 notes after completing the printing target of 1,800 million given by the Reserve Bank of India. After setting up the fifth line, the production capacity will increase by another four million pieces per day, sources from the CNP told TOI.Presently, CNP Nashik is printing around 15 million pieces of currency notes per day in denominations of Rs 200, Rs 100, Rs 50 and Rs 20..