Reserve Bank of India (RBI) Governor Shaktikanta Das has emphasised the importance of building capacity to achieve 100% self-sufficiency in bank note manufacturing in the country.
Mr. Das was delivering an address after dedicating Varnika, the ink manufacturing unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI, to the nation in Mysuru on Monday.
He recognised the substantial progress made towards achieving self-reliance in bank note production eco-system in India while emphasising the importance of “continuously building capacity (in terms of people, process and technology), research and development and innovation to achieve 100% self-sufficiency in banknote manufacturing in the near future”.