Tuesday 17 January 2017

Mysuru Printing Press Breaks Record by Printing Highest No. of Currency Notes in a Month

Mysuru Printing Press Breaks Record by Printing Highest No. of Currency Notes in a Month
As per the data released by the President of Note Mudran Limited Employees Union, A Ramdass, the RBI Note Mudran printing press in Mysuru printing highest number of currency notes in December breaking all its past record. It printed 10.9 million currency note in a day that even broke the world
record made an American currency printing press of printing 8.7 million notes in a day.  As per the data, 1350 million currency notes were printed in December 2016 in Mysuru which employess 650 workers who work for 12 hours in two shifts.Besides, the printing wastage was also reduced to 2 percent which in America was 4 percent. Similarly, cost of printing in American Press was Rs. 4 per currency while in Mysuru, printing a single currency costed just Rs. 3.40.RBI Note Mudran printing press is a subsidiary of Reserve Bank of India that was established in 1995 to meet the demand and supply for the bank notes. It has two presses: one at Mysuru, Karnataka and the other at Salboni, West Bengal.

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