How much does the government spend to mint coins and print notes in India?
The one-rupee coin, which costs ₹1.11 to mint, exceeds its face value, reflecting inflation’s impact on production costs. Coins like ₹2, ₹5, and ₹10 have varying minting expenses. Coin production by the Indian Government Mint shows a decline from 903 million in 2017 to 630 million in 2018. Different denominations of currency notes also have specific printing costs.