paper required for printing indian currency notes is manufactured in which city
Security Printing & Minting Corporation of India Limited Security Paper Mill was established in 1968 at Hoshangabad, Madhya Pradesh. It produces papers for banknotes and nonâ€“judicial stamps and further prints with new enhanced unit.[9] Bank note paper mill India private limited prints paper for Indian currency and located in mysore.
Coins of the Indian rupee The move towards decimalization was afoot for over a century. However, it was in September, 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage. The Act came into force with effect from 1 April 1957, after which anna and pice denominations were demonetised. The rupee remained unchanged in value and nomenclature. It, however, was now divided into 100 'paisa' instead of 16 annas or 64 pice. Effective from 30 June 2011, all coins in denominations of 25 paisa and below were officially demonetized.[4]