Print Notes on Indian paper & Ink only

April 03, 2015 | 11:36 AM | 273 Views
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PM Narendra Modi on Thursday took his 'Make in India' philosophy to Mint Street, exhorting the Reserve Bank of India to ensure that currency notes are printed on Indian paper with Indian ink. Addressing the top brass of the central bank in an event to mark RBI's 80th anniversary, Modi raised the topic of 'Make in India', a subject close to his heart. Modi said, "Mahatma Gandhi fought for Swadeshi. Does it behove us to print his photograph on imported paper? Does India not have the entrepreneurs to make the paper in India?" The PM urged the central bank to make a resolution that from a particular date all notes in India would be printed on Indian-made paper with Indian Ink. Central bank officials said that work was already in progress to source materials from India. They said that while most of the ink was available in India, the central bank at present continued to import two-color ink.

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