19th Foundation Day of Security Printing and Minting Corporation of India Ltd. Celebrated
16 February 2024: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman presided over 19th Foundation Day celebrations of Security Printing and Minting Corporation of India Ltd. (SPMCIL) through hybrid mode, in New Delhi.
Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Finance; Vijay Ranjan Singh, Chairman and Managing Director and Board of Directors of SPMCIL and other senior officers from Ministry of Finance also participated in the event. Programme was attended in virtual mode across various units of SPMCIL; senior officers, employees, EPF and GPF trustees, etc. participated in the event.
Union Finance Minister also launched three souvenir coins:
– Coloured souvenir coin on Endangered Animals of India – Greater One Horned Rhino;
– Bi-metallic clad souvenir coin on Enlightenment of Buddha; and
– Coloured souvenir coin of Ral Lalla and Ayodhya Ram Mandir
In her address on the occasion, Union Finance Minister Sitharaman appreciated SPMCIL for the security products being produced, including Bank Notes, Security Paper, Postal Stamps, Passports, Medallions and others. Sitharaman acknowledged SPMCIL’s thoughtfulness for minting ‘Visually Impaired Friendly’ Coin Series and SPMCIL’s new initiatives of production of e-Passport with Track and Trace system which ensures enhanced security along with convenience of information.
Union Finance Minister highlighted that souvenir products of SPMCIL are presented by Government of India to dignitaries of other countries at international forums and are being appreciated globally. Referring to the CSR projects of the SPMCIL, the Union Finance Minister said that such projects especially in the aspirational districts and remote areas are appreciable. She urged the employees and Board of SPMCIL to closely observe technological advancements and inherently respond to the changing needs of this niche sector.
Earlier, in his opening address, CMD, SPMCIL, shared the important achievements of Company and its initiatives. The Chief General Managers of the nine Units and Corporate Office awarded the employees for their outstanding achievements. Awards to the units of SPMCIL in different categories, viz., Productivity, Environment & Safety, Energy Conservation, Learning & Development, Official Language and Vigilance Activities were also given including the prestigious CMD Cup for Overall Best Performance to India Security Press, Nashik.
