New Delhi, Jan 3 (PTI) To stem the circulation of fake Indian Currency Notes (FICN), government is likely to introduce a slew of security features including some in the notes itself.
Official sources said one of the steps is increasing the production of currency paper, most of which is currently being imported.
Though the Security paper mill, Hoshangabad, does produce the currency paper (228 MT in 2008), the total production is very low as compared to the need, they said, adding steps are being taken to increase the production of the Ingalio Ink in the country.
While both paper and ink is mostly imported, central security agencies had raised concerns about this practice, as the seized FICN had almost the similar feel and look as original notes.
Sources said the security features introduced in 2005 in the currency notes have been compromised, a case which the CBI is investigating.
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