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Indian company awarded contract fails to deliver Rs 1000 banknotes with Nepal raising concerns over quality

KATHMANDU, Dec 22: The Indian company awarded the tender to print banknotes of Rs 1000 denomination with security threads has not yet delivered the notes. Nepal Rastra Bank (NRB) granted approval to Security Printing & Minting Corporation of India Ltd in November 2022 to print Rs 1000 banknotes worth Rs 430 million. However, the company, approved to print a total of US $11.13 million (approximately Rs 1.47 billion), has not submitted a single banknote as per the agreement.
West Bengal Ram Pokharel Nepal Rastra Bank Currency Management Department Rastra Bank Security Printing

Railways, Department of Posts, AAI not to be privatised under PSE policy

Read more about Railways, Department of Posts, AAI not to be privatised under PSE policy on Business Standard. Public sector enterprises in the nature of development and regulatory authorities, autonomous organisations, trusts, development financing institutions would also be out of the policy
Corporation Of India Airport Authority Of India Security Printing Minting Corporation Public Enterprise Policy Department Of Posts

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