(i)Prior
to 1960, currency and bank note papers were being imported from abroad and in
order to save valuable foreign exchange and to manufacture the same
indigenously, Security Paper Mill was set up in early 1960s as a departmental
Unit of Government of India, Ministry of Finance, Department of Economic
Affairs, at Hoshangabad (MP) in collaboration with M/s. Portals, UK.The
main function of the Unit is to manufacture currency, bank note papers and non
judicial stamp papers for the exclusive use of Government of India as per
requirement of Reserve Bank of India and the same is supplied to the different
printing presses working under Government of India and RBI.The functions and duties being
carried out by Security Paper Mill are sovereign functions of the
Government of India
.
(iii)Decision making process in Security Paper Mill is based
on various rules and regulations framed by the Government of India,
however, various decision making powers have been delegated to some
other Officers based on provisions in those rules and they not only
supervise those powers through their subordinates, but are also
accountable to the use of those
powers
.
(iv)The
norms for the discharge of its function are set by the collective discussions
and as per requirement of organization and the Government of India subject to
available resources.
(v)Security
Paper Mill being a departmental Unit of Government of India, Ministry of
Finance, all the rules and regulations framed and announced by the Govt. of
India are used by the employees for discharging their duties.
(x)Monthly
remuneration of officers and employees varies from time to time
based on the pay norms fixed by the Government including Dearness
Pay, Dearness Allowance apart from other allowances as admissible
under the rules and announced by the Govt. of India from time to
time.No
system of compensation is provided in the rules and regulations of
Security Paper Mill, but Workmen’s Compensation Act is applicable to the organization as this is a
factory registered under the Factories
Act
.
(xi)There is no agency
of Security Paper Mill, Hoshangabad (MP) except situated at
Hoshangabad (MP).The
budget allocation is as per the budget estimate includingrevised estimate approved by the Government of
India
.
(xii)There is no system
of subsidy programme in existence in Security Paper Mill at present
being a Government of India Unit.However, grants-in-aid as
provided under the rules is given to Senior Staff Club and Labour
Welfare Club of Security Paper Mill, Hoshangabad (MP).
(xiii)No concession permits or authorization are granted by
this Organisation being Govt. of India
Unit
.
(xv)No
library or reading room is maintained for public use in Security Paper Mill,
Hoshangabad (MP).
(xvi)Shri
Yeshpal Singh Ravi, Assistant Manager (E&I) has been
nominated as Public Information Officer under the Right to
Information Act, 2005.
(xvii)Security Paper Mill, Hoshangabad (MP) will take effective
steps to upgrade the information after the publication of
information as required under Section 4(1)(b) of the
Act
.