The Indian government has approved a Rs 1,800 crore plan to boost the production of high-security paper for banknotes at the Security Paper Mill in Narmadapuram, Madhya Pradesh. This initiative aims to enhance India's currency infrastructure, reduce reliance on imported materials, and meet growing demand for currency notes. The project includes installing a new production line to manufacture 6,000 tonnes of durable security paper annually, replacing older machinery and modernizing the facility.