Introduction of Division
Coin and Currency Division is responsible for policy related to all aspects of the currency and coinage of India. The works of the Division is carried out in close coordination with Reserve Bank of India (RBI), Security Printing and Minting Corporation of India Limited (SPMCIL), Bhartiya Reserve Bank Note Mudran Private Limited (BRBNMPL) and Bank Note Paper Mill India Private Limited (BNPMIPL). The Division has three Sections viz. Currency, Coin and SPMC Section.
Mandate of Currency Section
Currency Section deals with all policy matters relating to design, form and material of currency notes/ banknotes including security features, and operational issues relating to production, planning of printing of bank notes, Currency related legislation, indigenization of bank note materials, expansion, up-gradation and modernization of Presses, Paper Mills, Ink factory, etc., and administration of SBN (Cessation of Liabilities) Act, 2017 and Rules made thereunder.
Mandate of SPMC Section
SPMC Section in DEA has Administrative control of Security Printing and Minting Corporation of India Limited (SPMCIL) which is a Mini-Ratna Category-I, Schedule-‘A’ CPSE of GoI. SPMC Section looks after all issues relating to (i) Appointment & Extension matter of Board Level posts in SPMCIL, (ii) Examination and providing inputs to Vigilance section on vigilance matters relating to board level officials of SPMCIL (iii) Residual establishment matters of the nine Units of SPMCIL, (iv) Court Cases filed by the employees of the 9 units of SPMCIL, where Union of India is a party. (v) Disputes/complaints related to SPMCIL, other than those allocated to Currency Section and Coin Section (vi) Matters relating to meetings of SPMCIL Board , (vii) SPMCIL Pension Fund Trust, (viii) Matters on MoU with SPMCIL, and (ix) Matters on Annual Report & other financial documents of SPMCIL.
Mandate of Coin Section
Coin Section deals with policy matters relating to design, shape and size of circulation coins, fixation of fair selling price of coins, coins related legislations and issuance of Commemorative Coins, security products viz. passport, postal stamps, Non-Judicial Stamp Paper, production planning of coins and determination of indent of coins, expansion, diversification and modernization of Mints and Security Presses.
Scheme/Projects of under the division
- Nil
Contact Details of Divisional Head and other officers of the level of US/DD and above
| Divisional Head | Mrs. Aparna Bhatia Adviser Tel. 23092254 | |
|---|---|---|
| US | DS/Director | |
| Coin Section | Sh. Subodh Kumar Tel.: 23095152 | Sh. Pradeep Purohit Deputy Secretary Tel: 23095013 |
| Currency Section | Sh. Subodh Kumar Tel: 23095152 | Sh. Pradeep Purohit Deputy Secretary Tel: 23095013 |
| SPMC Section | Sh. Shambhu Kumar Tel: 23095263 | Sh. Himanshu Gandhi Deputy Secretary Tel: 23095091 |
Contact Address of Divisional Head
Ms. Manisha Sinha
Additional Secretary (C&C,OMI & Admin)
Department of Economic Affairs
Room No.: 40-B, North Block, New Delhi-110001.
23092882, 23094550
manisha[dot]sinha[at]nic[dot]in
The Coin and Currency Division comprises the following three Sections
Currency Section
- All policy matters relating to design, form and material of currency notes/banknotes including security features, and operational issues relating to production, planning of printing of bank notes.
- Currency related legislation, indigenization of bank note materials.
- Expansion, up-gradation and modernization of Presses, Paper Mills, Ink factory, etc.
- Administration of SBN (Cessation of Liabilities) Act, 2017 and Rules made thereunder.
- Policy issues on virtual currencies including legislation.
- Sectoral charge :- Chandigarh and Delhi.
SPMC Section
- DEA is the Administrative Department of Security Printing and Minting Corporation of India Limited (SPMCIL) which is a Mini-Ratna Category-I, Schedule-‘A’ CPSE of GoI. SPMC Section looks after all issues relating to appointment to Board Level posts in SPMCIL and residual establishment matters of the nine Units of SPMCIL.
- Coordination of meetings of SPMCIL Board, SPMCIL Pension Fund Trust.
- MoU with SPMCIL etc.
Coin Section
- All policy matters relating to design, shape and size of circulation coins.
- Fixation of fair selling price of coins.
- Coins related legislation (The Coinage Act, 2011) and issuance of Commemorative Coins.
- Production planning of coins and determination of indent of coins.
- Issues related to security products viz. Passport, Postal stamps, Non-Judicial Stamp Paper.
- Expansion, diversification and modernization of Mints and Security Presses.
- Sectoral charge:- Odisha and West Bengal.
| Sr. No. | Section Name | Director/Deputy Secretary | Under Secretary/Deputy Director | Section Officer |
|---|---|---|---|---|
| 1 | SPMC | Director Room No.: 33, North Block Tel.: 23093513, 23095244 | Under Secretary Room No.: 241-F, North Block Tel.: 23095175 | Section Officer Room No.: 241-F, North Block Tel.: 23095175 |
| 2 | Currency | Deputy Secretary Room No.: 241-F, North Block Tel.: 23092486, 23095013 | Deputy Director Room No.: 241-C, North Block Tel.: 23095235 | Section Officer, Room No.: 241-F, North Block Tel.: 23095137 |
| 3 | Coin | Deputy Secretary Room No.: 241-F, North Block Tel.: 23092486, 23095013 | Under Secretary Room No.: 241-C, North Block Tel.: 23095753 | Section Officer, Room No.: 242-C, North Block Tel.: 23095152 |
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