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Currency Of India: Know the history of Indian Rupee to the entire process of printing here, as well as interesting facts related to currency

Photo:India TV Currency Of India

Highlights

  • Paper made of cotton and special type of ink is used for the rupee.
  • The ink used in notes is produced in Dewas.
  • After the note is sorted, the number is printed on it with bright ink.

Currency Of India: In this economic age, you cannot even imagine life without money. From drinking water to buying every essential item, you must have money. In such a situation, do you know where and how the money used in our everyday life is printed? Both notes and coins are in circulation in the form of currency in India. At present, coins of Rs 1, Rs 2, Rs 5, Rs 10 are used in India for purchase and sale in addition to Rs 10, Rs 50, Rs 100, Rs 200, Rs 500 and Rs 2000 notes. So let us know where and how the rupee is printed in India?

Sher Shah started the circulation of rupee

The word Rupee was first used in India by Sher Shah Suri during his rule (1540-1545). The work of printing notes is done by the Reserve Bank of India (RBI) and the work of minting coins is done by the Government of India. The first water mark note was printed in the country in 1861. Apart from Hindi and English, 15 languages ​​are used on the Indian currency rupee. Apart from this, the currency of eight countries including India is called Rupee.

What is Indian currency made of

For Indian currency rupee, paper made of cotton and special type of ink is used by RBI. In this, some paper is produced in currency note press in Maharashtra and most in Hoshangabad paper mill in Madhya Pradesh. Apart from this, the paper of Bharti Note is prepared in four other countries of the world. The offset ink used to print the note is made in Dewas Banknote Press in Madhya Pradesh. At the same time, the ink of the embossed printing seen on the note is prepared in Sikpa, a unit of the Swiss firm based in Sikkim.

Note paper is prepared in 4 firms of the world

Paper for the printing of Indian currency rupee is imported from Hoshangabad in Madhya Pradesh besides four other countries of the world. 1. Arjo Vigges of France 2. America Portal 3. Gain of Sweden 4. Paper Fabrics Lucental. Indian currency notes are printed in these places. There are four bank note presses, four mints and one paper mill in the country. In which note presses are in Dewas (Madhya Pradesh), Nashik (Maharashtra), Salboni (West Bengal) and Mysore (Karnataka). Dewas Note Press prints Rs 265 crore notes in a year. In which 20, 50, 100, 500, rupee notes are printed. The ink used in notes is produced only in Dewas of Madhya Pradesh. There is a security paper mill in Hoshangabad, Madhya Pradesh itself. Note printing papers come from Hoshangabad and abroad. 1000 rupee notes are printed in Mysore.

This is how the printing of notes was done

The process of printing Indian currency rupees Before printing the notes, paper sheets from abroad and Hoshangabad are put in a special machine Simonton. After this coloring is done with another machine called Intabeau. After this the notes are printed on the paper sheet. After this process, good and bad notes are sorted. There are about 32 to 48 notes in a paper sheet. After sorting the note, the number is printed on it with bright ink.

What does RBI do with mutilated notes?

When a note becomes old or is no longer able to be brought into circulation in the market, it is deposited through banks. By not sending these notes again in the market, RBI destroys it. Earlier these notes were burnt. But, keeping in mind the damage to the environment, RBI cuts these notes into small pieces with machines imported from abroad, which are smelted into bricks, which are used for many purposes.

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Shivam Bangwal

Shivam Bangwal is an Indian based entrepreneur who is a tech, travel and coding enthusiast with a post graduation degree on Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Hitchhike TV, Branding Panther and many more.
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