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12
December 2016
The Army has pitched in to help out the
Bank Note Press, which is working round the clock to deal with the cash crunch
across the country following demonetisation, officials said on Monday.
The Army's help will also be taken for
distribution of the notes around the country, said Bank Note Press (BNP)
sources. The Total Investment &
Insurance Solutions
According to the sources, 200 men of the
Grenadier Regiment arrived here from Gwalior on Sunday to help out at the
press. The Total Investment &
Insurance Solutions
The press, which has a daily capacity of
two crore notes, is at this time solely engaged in printing the new Rs 500
notes, with all other denominations stopped. The Total Investment & Insurance Solutions
According to the sources, even retired
personnel have been asked to help out at the press which is working around the
clock, and the Army's help was sought due to shortage of personnel to man the
press round the clock. The Total
Investment & Insurance Solutions
The press at Dewas is among the four in
the country where bank notes and currency notes are printed. The others are at
Nashik (Maharashtra), Salboni (West Bengal) and Mysuru (Karnataka).
The presses at Dewas and at Nashik are
owned by the central government through the Security Printing and Minting
Corporation of India Ltd, and their yearly currency printing capacity is around
40 per cent of the total in the country.The
Total Investment & Insurance Solutions
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