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Date: 20th August 2026 Category: Press Release Jurisdiction: India, Central Government

Union Minister of State for Finance Shri Pankaj Chaudhary participated virtually in 21st Award Ceremony of Security Printing and Minting Corporation of India Limited (SPMCIL) in New Delhi today

Issued by Ministry of Finance

Read or download the official PDF of this gazette notification issued by the Ministry of Finance on 20th August 2026. Classified under Press Release.

Executive Summary & Key Takeaways

Executive Summary The Union Minister of State for Finance, Shri Pankaj Chaudhary, virtually attended the 21st Award Ceremony of the Security Printing and Minting Corporation of India Limited (SPMCIL) on August 20, 2026. The ceremony celebrated SPMCIL’s two decades of national service, focusing on its role in producing secure sovereign products and reinforcing India’s financial infrastructure. The event served to recognize the excellence, innovation, and dedication of employees and production units for the 2024-25 period.

Key Points / Main Content

Role and Mandate of SPMCIL

  • SPMCIL is a Schedule ‘A’ CPSE under the Department of Economic Affairs (DEA), Ministry of Finance, incorporated in 2006.
  • The Corporation is responsible for producing vital sovereign products, including secure currency, coinage, and passports.
  • It serves as the backbone of India’s financial and sovereign framework through its specialized production units.

Operational Infrastructure

  • The Corporation operates nine production units across the country.
  • The infrastructure consists of four mints, two currency presses, two security presses, and one dedicated paper mill.

Institutional Achievements and Governance

  • SPMCIL has successfully completed 20 years of service in maintaining national financial infrastructure.
  • Recent milestones have been achieved in productivity, quality, and corporate governance through modernization and transparency measures.
  • The Ministry of Finance continues to provide guidance to enhance efficiency and governance standards.

Awards and Recognition

  • Awards were presented to individuals and units for performance in productivity, environment and safety, energy conservation, and vigilance.
  • Recognition was also provided for knowledge and development and official language implementation.
  • The Security Paper Mill, Narmadapuram, was awarded the prestigious CMD Cup for exemplary performance.

Impact Analysis

SPMCIL Employees and Officers Impact Staff members are recognized for their commitment to excellence, integrity, and innovation, which are identified as the pillars of the Corporation's success. Action Required Employees must continue to uphold high standards of professionalism and innovation to meet significant milestones in productivity and quality.

SPMCIL Production Units Impact Units are evaluated on diverse performance metrics, with top performers receiving shields and the prestigious CMD Cup. Action Required Units must continue implementing modernization initiatives and strengthening compliance to meet the sovereign requirements of the nation.

Ministry of Finance / Department of Economic Affairs (DEA) Impact The Ministry provides the governing framework and support necessary for SPMCIL to maintain its operational efficiency and sovereign role. Action Required The Ministry and DEA officials will continue to provide guidance and oversight to ensure the Corporation’s continued growth and adherence to transparency measures.

Key Entities Referenced

Security Printing and Minting Corporation of India Limited (SPMCIL): A Schedule ‘A’ Central Public Sector Enterprise (CPSE) responsible for producing secure currency, coinage, passports, and other sovereign products for India. Department of Economic Affairs (DEA): A department under the Ministry of Finance that oversees the mandate and operational achievements of SPMCIL. Shri Pankaj Chaudhary: Union Minister of State for Finance who highlighted the Corporation’s role in strengthening India’s financial and sovereign infrastructure. Security Paper Mill, Narmadapuram: A specific production unit of SPMCIL awarded the prestigious CMD Cup for exemplary performance in 2026.
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Ministry of Finance Union Minister of State for Finance Shri Pankaj Chaudhary participated virtually in 21st Award Ceremony of Security Printing and Minting Corporation of India Limited (SPMCIL) in New Delhi today MoS Finance highlighted the Corporation’s role in producing secure currency, coinage, passports, and other sovereign products of national importance Dedication, integrity, and innovation of employees remain the pillars of SPMCIL’s success: Smt. Anu P. Mathai SPMCIL has completed two decades of vital national service, consistently delivering secure products that reinforce India’s financial and sovereign infrastructure: Shri Amit Singla Commitment and innovation of employees central to achieving significant milestones in productivity, quality, and corporate governance at SPMCIL: Shri Vijay Ranjan Singh प्रव तथ: 20 AUG 2026 8:15PM by PIB Delhi Union Minister of State for Finance Shri Pankaj Chaudhary participated virtually in the 21st Award Ceremony of Security Printing and Minting Corporation of India Limited (SPMCIL) at its Corporate Office in New Delhi today. Smt. Anu P. Mathai, Additional Secretary and Member of the Board of SPMCIL; Shri Amit Singla, Joint Secretary, from the Department of Economic Affairs (DEA), Ministry of Finance; and Shri Vijay Ranjan Singh, Chairman and Managing Director, SPMCIL, also participated along with senior officials of the DEA and the SPMCIL. The awards ceremony celebrated the SPMCIL’s proud tradition of recognising excellence, innovation, and dedication among its officers and employees.In his video address, Shri Chaudhary commended SPMCIL’s vital contribution to strengthening India’s financial and sovereign infrastructure. He highlighted the Corporation’s role in producing secure currency, coinage, passports, and other sovereign products of national importance, and congratulated the awardees for their outstanding performance and commitment to excellence. In her address on the occasion, Smt. Mathai underlined the importance of SPMCIL’s nine production units — four mints, two currency presses, two security presses, and one paper mill — as the backbone of India’s financial and sovereign framework. She emphasised that the dedication, integrity, and innovation of employees remain the pillars of SPMCIL’s success, and expressed confidence in the Corporation’s continued growth under the guidance of the Ministry of Finance.In his address at the awards ceremony, Shri Amit Singla acknowledged SPMCIL’s operational achievements and reiterated the Ministry’s support in enhancing efficiency and governance standards. He also noted that since its incorporation in 2006, SPMCIL has completed two decades of vital national service, consistently delivering secure products that reinforce India’s financial and sovereign infrastructure. Earlier in his welcome address, Shri Vijay Ranjan Singh highlighted the Corporation’s mandate as a Schedule ‘A’ CPSE under the Department of Economic Affairs, Ministry of Finance. He emphasised SPMCIL’s modernisation initiatives, strengthened compliance, and transparency measures, which have enabled the Corporation to meet the sovereign requirements of the nation with professionalism and integrity. He further noted that the commitment and innovation of employees across all units have been central to achieving significant milestones in productivity, quality, and corporate governance.In addition to individual recognitions, SPMCIL units were awarded for best performance in diverse areas such as productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official language implementation. The prestigious CMD Cup was awarded to Security Paper Mill, Narmadapuram, for its exemplary performance. The event concluded with a Vote of Thanks, expressing gratitude to the Chief Guest, dignitaries, awardees, employees, and media representatives for their participation and support. The 21st SPMCIL Award Ceremony reaffirmed the Corporation’s commitment to excellence, professionalism, and service to the nation, while recognising the invaluable contributions of its employees and units in advancing India’s financial and sovereign strength. The list of awardees, including individual employees and units of SPMCIL for their extraordinary performance, is below. AWARD LIST FOR SHIELD OF UNITS 2026 (PERIOD 2024-25) INDIVIDUAL AWARD LIST 2026 **** SR/KMN (रलीज़ आईडी: 2301712) आगंतुक पटल : 580 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही

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