Home Asia Here’s How Much India Really Spends On Currency Notes Printing

Here’s How Much India Really Spends On Currency Notes Printing

The Indian government spends ₹4.18 to print every ₹2,000 note bill, ₹2.57 for ₹500 note bill and ₹1.51 to get a ₹100 note bill printed.

Further, ₹1.01 is spent to print a ₹50 note bill.

Interestingly, the cost to print ₹20 note bill, ₹1, is a paisa cheaper than cost of printing a ₹10 note bill.

Here’s How Much India Really Spends On Currency Notes Printing
Here’s How Much India Really Spends On Currency Notes Printing

Do you have any idea how expensive it is to produce a currency note? Does it actually cost more or less than its real value?

Well, here in the following section the details pertaining to printing costs of Indian rupee currency notes can be found.

According to an article in Indian Today, the Indian Government spends ₹4.18 to print every ₹2,000 note bill, ₹2.57 for ₹500 note bill and ₹1.51 to get a ₹100 note bill printed.

Further, ₹1.01 is spent to print a ₹50 note bill. Interestingly, the cost to print ₹20 note bill, ₹1, is a paisa cheaper than cost of printing a ₹10 note bill.

Here’s How Much India Really Spends On Currency Notes Printing
Here’s How Much India Really Spends On Currency Notes Printing | Source: India Today

As the figures in above table depict, the Indian government spends ₹ 1,010 for a thousand ₹ 10 and ₹ 50 notes, ₹ 1,000 for a thousand ₹ 20 notes, ₹ 1,510 per thousand ₹ 100 notes, ₹ 2,570 for a thousand ₹ 500 notes and ₹ 4,180 per thousand ₹ 2,000 notes.