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The word "paper" is etymologically derived from papyrus, Ancient Greek for the Cyperus papyrus plant. Papyrus is a thick, paper-like material produced from the pith of the Cyperus papyrus plant which was used in ancient Egypt and other Mediterranean societies for writing long before paper was used in China.
Ancient Sanskrit on hemp based paper. Hemp fiber was commonly used in the production of paper from 200 BCE to the late 1800s. The pulp and paper industry in India is one of the major producers of paper in the world, [citation needed] but is outside the top 10. In recent years, [when?] India has adopted new manufacturing technology. [1]
The British India banknotes of King George V were also printed in England. In 1928, the India Security Press at Nasik became functional and took over from the Bank of England Press the printing of notes. In 1935, the Reserve Bank of India was established, and since then it has been the only currency-issuing authority and monetary agency for ...
The Paper Currency Act, 1861 is an act in India dating from the British colonial rule, ... Interpretation of the Act by Reserve Bank of India; History of the Act (PDF)
The Paper Currency Act, 1861 gave the Government of India the exclusive right to print and circulate banknotes and thereby abolishes the printing and circulation of banknotes by the private Presidency Banks. Until the establishment of the Reserve Bank of India on 1 April 1935, the Government of India continued to print and issue banknotes. [2] [3]
The history of printing starts as early as 3000 BCE, when the proto-Elamite and Sumerian civilizations used cylinder seals to certify documents written in clay tablets. Other early forms include block seals, hammered coinage, pottery imprints, and cloth printing.
India paper is a type of paper which from 1875 has been based on bleached hemp and rag fibres, that produced a very thin, tough opaque white paper. It has a basis weight of 20 pounds (30 g/m 2 ; typical office paper is 80 g/m 2 ), yet bulks 1,000 pages to the inch (390 per centimetre).
The Hindu can claim to be the most respected paper in India." [20] [44] In 1968, the American Newspaper Publishers Association awarded The Hindu its World Press Achievement Award. An extract from the citation reads: "Throughout nearly a century of its publication The Hindu has exerted wide influence not only in Madras but throughout India.