India Government Mint, Noida (Uttar Pradesh)
FAAs, PIOs and APIO of SPMCIL Corporate Office

India Government Mint, Noida (Uttar Pradesh)

India Government Mint, Noida (Uttar Pradesh)
(i) The particulars of its organization., functions and duties;
(ii) The powers and duties of its officers and employees;
(iii) The procedure followed in the decision-making process, including channels of supervision and accountability.
(iv) The norms set for the discharge of its functions.
(v) The rules, regulations, instructions, manuals and records, held by mint or under its control or used by its employees for discharging its functions.
(vi) A statement of categories of documents that are held by it or under its control.
(vii) The particulars of any arrangement that exists for consultation by the members of the public in relation to the formulation of its policy or implementation thereof.
(viii) A statement of the boards, councils, committees and other bodies consisting of two or more persons constituted as its part or for the purpose of its advice, and as to whether meetings of those boards, councils, committees and other bodies are open to the public, or the minutes of such meetings are accessible for public.
(ix) A directory of officers and employees.
(x) The monthly remuneration received by each of its officers and employees, including the system of compensation as provided in the Company regulations.
(xi) The budget allocated to each of its agency, indicating the particulars of all plans, proposed expenditures and reports on disbursements made
(xii) The manner of execution of subsidy programs including the amounts allocated and the details of beneficiaries of such programs.
(xiii) Particulars of recipients of concessions, permits, authorizations granted by it.
(xiv) Details in respect of the information available to or held by it, reduced in an electronic form. For information reduced in electronic form, please visit website www.igmnoida.spmcil.com
(xv) The particulars of facilities available to citizens for obtaining information including the working hours of a library or reading room, if maintained for public use.
(xvi) The names, designations and other particulars of the Public Information Officers.
(xvii) Such other information as may be prescribed and thereafter update these publications every year.

India Government Mint, Noida (Uttar Pradesh)
PROFILE
India Government Mint, D-2,Sector-1, Noida 201301 , Gautam Budha Nagar, UP is the only Mint established in the post-independence era. This is the fourth Mint in the country. In order to fill the gap between demand and supply of coins in the country, Government of India decided in the year 1984 to establish a new mint project at Noida with the estimated annual production capacity of 2000 million pieces of coins. The project was started by the Government of India, Ministry of Finance, Department of Economic Affairs in January’1986 with an estimated budget of Rs.30 Crore. It was completed within the scheduled time and the Mint started regular production from Ist July, 1988. This Mint produced the stainless steel coins in the country for the first time. After corporatization, the Mint is functioning as one of the Units of Security Printing & Minting Corporation of India Limited since 13.1.2006. Apart from meeting the indigenous demand, the Mint has produced coins for other countries also e.g. Thailand and Domenic Republic during past years. To meet increasing demand of coins, the Mint has started producing coins in the night shift also from April’2012.

VISION
To excel in development and production of cost effective high quality security production of international standards.

MISSION
• Improvement in work culture.
• Bringing in efficiencies for manufacturing cost effective products.
• Utilizing spare capacity for production of diversified products to avoid idle time.
• Change in production patterns so as to exploit technology advancement.
• Meeting fully the requirement of Central Government and State Governments for security products and
Currency and coin indents of RBI.
• Exploration of new business opportunities.
• Achieve cost effectiveness and move towards creation of Profit centers.
• Improvement in quality of products.
• Change in the production patterns.
• Indigenization of inputs, specially security paper and ink.

India Government Mint, Noida (Uttar Pradesh)Overall management of the Company is vested with the Board of Directors of the Company, which is the highest decision making body within the Company. As per the provisions of the Companies Act, 1956 certain matters require the approval of the shareholders of the Company in General Meeting. The Board of Directors is accountable to the shareholders of the Company. India Government Mint Noida being a Unit of Security Printing & Minting Corporation of India a Public Sector Enterprise (SPMCIL), the Board of Directors of the Company is accountable to the Government of India.
The company has well defined systems with respect to decision-making process. Generally, the proposals requiring decisions are initiated at the appropriate level of the executive, depending upon the nature with regard to financial implication, urgency, and importance of the matter.

India Government Mint, Noida (Uttar Pradesh)PMCIL enters into an MOU with the Department of Economic Affairs, Ministry of Finance, Government of India every year. The MOU contains the performance criteria on which performance of the corporation is evaluated at the end of the year. The MOU also indicates targets and comparative weights for each performance criteria. The performance evaluated at the end of the year is done on a five-point scale, 1 representing ‘Excellent’ & 5 representing‘Poor’.

The Company has achieved ‘Excellent’ MOU rating for three years in succession.

India Government Mint, Noida (Uttar Pradesh)

India Government Mint, Noida (Uttar Pradesh)
The various categories of documents that are being held by the Company or under its control are given below:
(A) Memorandum & Articles of Association of the Company
(B) Books of Accounts maintained by the Company
(C) Annual Returns and Statutory Registers under the Companies Act, 1956
(D) Annual Reports of the Company
(F) Documents pertaining to establishment matters

India Government Mint, Noida (Uttar Pradesh)
Being a commercial organization, India Government Mint, Noida does not have any arrangement for consultation with members of the public in formulation of its policies or implementation thereof. However, all its policies are formulated in compliance with provisions of applicable statutes, regulations, guidelines, etc.

India Government Mint, Noida (Uttar Pradesh)
Meetings of the Boards, Committees and other bodies are not open to the Public and the minutes of such meetings are not made accessible to public in view of the nature of business of the Company.

India Government Mint, Noida (Uttar Pradesh)

India Government Mint, Noida (Uttar Pradesh)
The pay scales of officials are of CDA/IDA pattern. The monthly emoluments of officers, Supervisor and workmen at various grades of pay scale are given below:

LEVEL, PAY-SCALE & DESIGNATION OF EMPLOYEES
(A)Executive Category

(B)SUPERVISORS

(C)WORKMEN CATERGORY

• Designations are illustrative depending on the Functional area the employee is working.

India Government Mint, Noida (Uttar Pradesh)
Not Applicable.

India Government Mint, Noida (Uttar Pradesh)
Not Applicable.

India Government Mint, Noida (Uttar Pradesh)
Not Applicable.

India Government Mint, Noida (Uttar Pradesh)
Information reduced in electronic form, please visit website www. http://igmnoida.spmcil.com or www.spmcil.com for more details

India Government Mint, Noida (Uttar Pradesh)
Information relating to Company profile, business, quarterly financial performance, Annual Reports, etc. is held by the company in electronic form and is available on the website of the company, i.e.
https://igmnoida.spmcil.com
http://www.spmcil.com

India Government Mint, Noida (Uttar Pradesh)
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