(a) whether the Government have decided to modernise the mints in the country ;
(b) if so, the details thereof, Mint-wise;
(
(c)the provision of funds made by the Government for the modernisation
of these mints; and
(d) the time by which the mints are likely to be modernised ?
MINISTER OF STATE IN MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL)
(a), (b) & (c) The Government had approved a scheme for modernisation of India Government Mints (IGMs) at Kolkata, Mumbai and Hyderabad during 1989
at a total cost of Rs.118.28 crores. This scheme was further revised in
1994 with increase in cost estimates from Rs.118.28 crores to Rs.301.82
crores. The mint-wise break-up of approved revised cost was as under :
Name of the Mint Rupees in crore
IGM, Hyderabad 117.49 IGM, Mumbai 96.48 IGM, Kolkata 87.85