Archive · 8 Jan 2026
India Approves Rs 1,800 Crore Plan for High-Security Paper
The Indian government has approved a big plan to spend Rs 1,800 crore on making special paper for printing money and other important documents.
This paper is very secure and helps prevent fake notes.
The new machines will be set up in a factory in Madhya Pradesh and will make 6,000 tonnes of this special paper every year.
This will help India make more of its own paper instead of buying it from other countries, create jobs, and support the idea of being self-reliant.
The old machines in the factory have been working since the 1970s, so this upgrade is very important.
Government approves Rs 1,800 crore project to boost high-security paper production for banknotes.
New CWBN line to be set up at Security Paper Mill in Narmadapuram, Madhya Pradesh.
Project will produce 6,000 tonnes of high-security paper annually, replacing two old production lines.
High-security paper used for currency notes, non-judicial stamp papers, and passports.
Aim is to reduce import dependence, generate employment, and align with Atmanirbhar Bharat vision.
- Who
- Government of India, Security Printing and Minting Corporation of India Limited (SPMCIL)
- What
- Approval of Rs 1,800 crore project to increase high-security paper production
- When
- Wednesday (specific date not mentioned)
- Where
- Security Paper Mill, Narmadapuram, Madhya Pradesh
- Why
- To strengthen currency infrastructure, reduce import dependence, and meet growing demand for banknotes
- Project Cost
- Rs 1,800 crore
- Location
- Security Paper Mill, Narmadapuram, Madhya Pradesh
- Annual Production
- 6,000 tonnes of high-security paper
- Approval Authority
- Cabinet Committee on Economic Affairs (CCEA)
- Chairperson
- Prime Minister Narendra Modi
- Uses
- Currency notes, non-judicial stamp papers, passports
- Security Features
- Watermarks, security threads, special fibres