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India Government Mint
From Wikipedia, the free encyclopedia
The India Government Mint operates four mints in the country for the production of coins. They are located at
Under The Coinage Act, 1906, the Government of India is charged with the responsibility of the production and supply of coins to the Reserve Bank of India. The RBI places an annual indent for this purpose and the Government of India draws up the production programme for the India Government Mints on the basis of the indent.
Besides minting coins, the mints at Mumbai, Kolkata and Hyderabad also make coin blanks. Hyderabad, Mumbai and Kolkata mints have gold assaying facilities and the Mumbai mint produces standardised weights and measures.
Commemorative coins are made at Mumbai and Kolkata. Kolkata has the facilities for making medallions too. The NOIDA mint was the first in the country to mint coins of stainless steel.