Move to set up bank note paper mill

|
  • 0

Move to set up bank note paper mill

Wednesday, 07 September 2022 | Ubachak Mohanty

A three-member RBI team visited Baleswar district on Tuesday before taking a final call on setting up a unit of Bank Note Paper Mill (BNPM) India Pvt Ltd in the district.

The delegation of top executives of the company, district Collector DB Shinde, ADM (Revenue) Bhabesh Nayak, IDCO officials and the Remuna Tehsildar visited the identified site at village Padabadagaon under Remuna block.

Notably, it was the third visit of RBI officials for on-spot verification to ascertain the feasibility for setting up BNPM in Baleswar. The requirement of land is about 150 acres. Reports said that for setting up the plant Government land is available. The team came to assess the other key aspects, including road connectivity, electricity and water supply. They also had discussions with the district administration about the flood threat due to the Budhabalanga river although the identified patch is far off from the riverbank.

The district administration has asserted that there were enough causeways for draining excess rain and flood waters. Adequate Government land is available for the plant, but private land will be required for construction of road. And the villagers are ready to part with their lands after getting compensation, reports said. 

Earlier, a team had visited two sites, Padabadagaon and Baunsmuha. 

State Editions

Nuh accused visited Punjab to fund terror network

05 December 2025 | Pioneer News Service | Delhi

Kartavya Path protest: Court defers order on bail pleas for December 8

05 December 2025 | Pioneer News Service | Delhi

Kapil Mishra gives Rs 10 lakh ex-gratia to widow of drowning victim

05 December 2025 | Pioneer News Service | Delhi

Delhi aims for hepatitis-free generation, says Health secretary

05 December 2025 | Pioneer News Service | Delhi

Govt initiates targeted route rationalisation

05 December 2025 | Pioneer News Service | Delhi

Health minister reviews TB campaign in Capital

05 December 2025 | Pioneer News Service | Delhi

Sunday Edition

Galloping On Desires

30 November 2025 | Gurudev Sri Sri Ravi Shankar | Agenda

The Heartbeat of Generations

30 November 2025 | Madhur Bhandarkar | Agenda

An Era Has Ended with Dharamji!

30 November 2025 | Javed Akhtar | Agenda

Dharmendra: A heartfelt tribute to the evergreen hero

30 November 2025 | Moushumi Chatterjee Veteran Actress | Agenda

Waves Bazaar Forges New Pathways in Global Cinema

30 November 2025 | Tarina Patel South Africa Actor & Entrepreneur | Agenda

The Living Highlands: The Culinary Soul of Nagaland

30 November 2025 | Anil Rajput | Agenda