https://www.taxtmi.com/news?id=2656 The speech details SPMCIL's corporatization to improve efficiency, its operational improvements and Mini Ratna status, governance reforms including SAP ERP and a revised Procurement Manual, and an investment-driven indigenisation program to establish domestic banknote paper lines and expand ink production. It notes enactment of The Coinage Act 2011 consolidating coinage law, empowering new mints and prescribing imprisonment and fines for illegal coin manufacture or destruction, and describes steps to upgrade banknote security features via a high-level committee and commissioning of a new printing line at Dewas to reduce counterfeiting. en-us Sat, 07 Jan 2012 18:01:59 +0530 Sat, 07 Jan 2012 18:01:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2656 The speech details SPMCIL's corporatization to improve efficiency, its operational improvements and Mini Ratna status, governance reforms including SAP ERP and a revised Procurement Manual, and an investment-driven indigenisation program to establish domestic banknote paper lines and expand ink production. It notes enactment of The Coinage Act 2011 consolidating coinage law, empowering new mints and prescribing imprisonment and fines for illegal coin manufacture or destruction, and describes steps to upgrade banknote security features via a high-level committee and commissioning of a new printing line at Dewas to reduce counterfeiting. News - Sat, 07 Jan 2012 18:01:59 +0530 https://www.taxtmi.com/news?id=2656