New Parliament building inauguration: India to launch ₹ 75 coin to mark occasion

The inauguration ceremony is scheduled to be held on May 28 and Prime Minister Narendra Modi will do the inauguration of the new building.

By Newsmeter Network  Published on  26 May 2023 5:47 AM GMT
India to launch ₹ 75 coin to mark occasion

New Delhi: Ministry of Finance will launch a special ₹ 75 coin to mark the inauguration of the new Parliament building on May 28.

The commemorative coin will also serve as a tribute to India celebrating 75 years of independence.

The inauguration ceremony is scheduled to be held on May 28 and Prime Minister Narendra Modi will do the inauguration of the new building.

The front face of the coin will feature the Lion Capital of the Ashoka Pillar, with the words "सत्यमेि जयते" (Satyameva Jayate) inscribed below it. The word "भारत" (Bharat) is written in Devanagari script on the left side, and the word "India" in English on the right.

The coin will also bear the rupee symbol- ₹ and the denomination value of 75 in international numerals written below the Lion Capital.

The other side of the coin will show an image of the parliament complex. The words "संसद संकुल" (Sansad Sankul) will be written in Devanagari script on the upper periphery and "Parliament Complex" in English on the lower periphery.

The year 2023 in the International numeral shall be written below the image of the Parliament complex.

The coin will be circular in shape (44 millimeters) and will have 200 serrations along its edges. The 35-gram coin will be made from a four-part alloy, which includes 50% silver, 40% copper, 5% nickel, and 5% zinc.

The design of the coin will be in line with the guidelines specified in the First Schedule of the Constitution.

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