Here are the details of SPMCIl’s performance in production of bank notes, coins nd security products during the financial year 2012-13.
Security Printing & Minting Corporation of India ltd, (SPMCIl) has achieved all the targets in the production of bank notes, coins, security products (passports, NJSPs, postal products and other security products) and production of the raw materials during the year 2012-13. It has not only met with the original targets but it also has surpassed the revised targets. While achieving the ever highest targets SPMCIl has also increased productivity per employee considerably as per the details given below:
SPMCIl has produced 7421 million pieces of the Bank Notes and supplied 7391 million pieces as against the original target of 6920 million pieces and the revised target of 7320 million pieces. This is 13.5 per cent higher than the production of 6539 million pieces of the Bank Notes during last year. Production of the bank notes per employee has increased to 1.83 million pieces as against 1.63 million pieces achieved during last year. These are the highest ever figures achieved in the history of the bank note Presses.
SPMCIl has produced 6707 million pieces of the Circulating Coins and supplied 6878 million pieces of the Coins during the year 2012-13 as against the target of 6600 million pieces. This is 6.75 per cent higher than the production of 6282.40 million pieces achieved during last year. Production of Coins per employee has increased to 1.91 million pieces in 2012-13 as against 1.69 million pieces achieved during last year. These are the highest ever figures achieved in the history of mints.
SPMCIl has produced 52856 million pieces of Standard Product Unit (SPU) for Security Products consisting of passports, NJSPs, postal products and other security products during 2012-13 as against 51449 million pieces of SPUs produced during the last year. The production of the Security Products in terms of SPUs per employee has increased to 14.39 million pieces in 2012-13 as against 13.10 million pieces achieved during previous year.
nSPMCIl has produced 484 Metric Tonnes (MT) of the Security Inks in 2012-13 from the Ink Factory Dewas against 273 MT of inks produced during 2011-12.
The Security Paper Mill in Hoshangabad has achieved the target for 2012-13 by producing 2925 MT of Security Paper and has supplied 3021 MT Security Paper to the Presses. This is the third year in succession that the paper mill has met with the target though the machinery is about 40-years-old.
nSPMCIl in the 7th year of its operations as a CPSE has continued with its excellent performance in all spheres of its activities. It has become a debt free company on March 3, 2012 by returning all the loans taken from Ministry of Finance.