New Commemorative Coin: First Flag Hoisting Day

The Government of India announced on Tuesday that it will release a commemorative coin of Rs 75 to mark the '75th Anniversary of the First Hoisting of the Tricolour by Netaji Subhash Chandra Bose' at Port Blair. The Ministry of Finance has issued the gazette notification on November 13th, 2018.

The metal composition of the ₹100 coin will consist of a Quaternary Alloy, comprising 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc. The coin will weigh 35 grams and have a diameter of 44 mm, featuring 200 serrations along the edge.

The obverse side of the coin will feature the Lion Capitol of Ashoka Pillar at the center, with the inscription "सत्यमेव जयते" below. On the left periphery, the word “भारत” in Devanagari script, and on the right periphery, the word “INDIA” in English will be inscribed. Additionally, the coin will include the Rupee symbol “₹” and the denominational value “75” in international numerals, positioned below the Lion Capitol.

The reverse side of the coin will showcase the portrait of 'Netaji Subhash Chandra Bose' saluting the flag against the backdrop of Cellular Jail. The inscription in English, "75th Anniversary," will be present, along with the Devanagari Script inscription, “प्रथम ध्वजारोहण दिवस,” and its English translation, "First Flag Hoisting Day." The date "30.12.1943 – 30.12.2018" will also be featured below.

Last month, Prime Minister Shri Narendra Modi hoisted the National Flag at the historic Red Fort to commemorate the 75th Foundation Day of the Azad Hind Fauj or the Indian National Army (INA) raised by 'Netaji' Subhas Chandra Bose. Speculations arose that a new commemorative coin would be released in honor of the 75 years of the Azad Hind Government.

This release will mark the second commemorative coin with a denomination of Rs 75 after the Platinum Jubilee of the Reserve Bank of India.