‘Why Indian ink not used in printing of currency’

Gujarat Chief Minister Narendra Modi on Thursday wondered why an India-made ink is not used in printing of currency notes.

Updated: Oct 13, 2011, 23:30 PM IST

Ahmedabad: Gujarat Chief Minister Narendra
Modi on Thursday wondered why an India-made ink is not used in
printing of currency notes.

"The central government imports the ink for printing
Indian currency notes, whereas the ink produced in India is
exported and used in printing of currency notes in other
countries," Modi stated, while inaugurating `Indiachem 2011`
in Gandhinagar today.
"The central government spends crores of rupees for
importing the ink. Why we cannot use ink produced in the
country?" Modi asked.

The Chief Minister also urged the central government and
the financial institutions to give highest priority to the
investment in pro-environmental parts of the chemical and
petro-chemical industry.

"It is wrong to treat the investments in environmental
aspect as a dead investment," Modi said.

He also said that Gujarat government had decided to
promote manufacturing industry which gives high-end value
addition.

For the chemical and petro-chemical sector, the state
has decided to establish 25 centres of excellences on public-
private partnership model.
Around 300 top chemical industry players participated in
the event. Gujarat has the largest chemical industry in the
country.

PTI