 | This articleneeds additional citations forverification. Please helpimprove this article byadding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "India Government Mint" – news ·newspapers ·books ·scholar ·JSTOR(November 2024) (Learn how and when to remove this message) |
 | |
| Company type | Public Sector Undertaking |
|---|---|
| Industry | Coin andmedallion production |
| Headquarters | |
Area served | India |
| Parent | Security Printing and Minting Corporation of India |
| Website | www |
TheIndia Government Mint (ISO:Bhārata Sarakāra Ṭakasāla) operated fourmints in the country for the production of coins:
The functions of the mint were replaced by theSecurity Printing and Minting Corporation of India in 2006.
Under The Coinage Act, 1906, theGovernment of India is charged with the production and supply of coins to theReserve Bank of India (RBI). 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 atMumbai,Kolkata andHyderabad also makecoin blanks. Hyderabad, Mumbai and Kolkata mints have goldassaying facilities and the Mumbai mint produces standardized weights and measures. Mumbai Mint has a state-of-the-art gold refining facility up to 999.9. Hyderabad Mint has electrolytic silver refining facility up to 999.9.
Commemorative coins are made at Mumbai and Kolkata. Kolkata and Hyderabad have facilities for makingmedallions, too. The Noida mint was the first in the country to mint coins of stainless steel.
Each currency coin minted in India (and anywhere in the world) has a special mint mark on it to identify the mint.
Coins minted in the Bombay Mint carried the following mint marks:(1) "Diamond Mark" - Regular coins(2) The letter "B" - Proof Coins(3) The letter "U" - Only on Nehru UNC sets in 1989
On renaming of the city of Bombay to Mumbai the coins minted carried the following mint marks:(1) The letter "M"(2) Double Diamond Mark- Proof Coins
Calcutta mint has no mark under the date of the coin (year of issue). Or it has a 'C' mark. It was unique because it had not chosen any mark because this mint is the first mint in India.
Made by grand architect Mulk Raj Malhotra.
Hyderabad Mint has a star under the date of the coin (year of issue). The other mint marks from Hyderabad include a split diamond and a dot in the diamond.
Noida mint has a dot under the year of issue (coin date).
The most important thing about this Noida Mint factory is that it was first started by the Indian finance ministry.
Noida mint factory was established on 1 July 1988.
