About Currency Note Press Nashik Recruitment 2024
Currency Note Press, Nashik Road, was established in the year 1928 with the objective of printing currency/bank notes of denominations as per the requirements and indents placed by Reserve Bank of India from time to time.
Currency Note Press, Nashik - the Beginning:
In 1922, Lt. Col. G. W. Willis, Master of Mint at Bombay and F.D. Asooli, Controller of Printing and Stationery, Government of India, Delhi, were appointed to explore the feasibility of printing notes in India. Based on their report in 1924, the Government of India arranged to set up an experimental press. Also to test the possibility of security printing in India. During 1925-26, the Government decided to terminate the contract with the Bank of England for the printing of currency notes with effect from January 1, 1928. This was originally to expire in June 1929.
Nashik Road was selected as the site for the Security Press for two reasons:
- No sudden & large changes in humidity and temperature.
- Nashik is situated on the main railway line having direct access to all parts of India.
A site was selected close to Nashik Road railway station. The construction of buildings including staff-quarters began in August 1926 and was completed by the beginning of 1928.
Currency Note Press Nashik Recruitment 2024
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