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Showing posts from March, 2019

PM Shri Narendra Modi Releases New Coin Series

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The Prime Minister, Shri Narendra Modi, unveiled the new definitive series of visually impaired-friendly coins of various denominations, including Re 1, Rs 2, Rs 5, Rs 10, and Rs 20, today. The new series of coins was released at an event held at 7, Lok Kalyan Marg, New Delhi, where visually impaired children were specially invited. All the new series coins will be issued for circulation only through the Reserve Bank in terms of the RBI Act. The Union Government is guided by the vision of reaching the last mile and the last person, PM Modi said while releasing the coins. The newly circulated series of coins, with various differentiating features, will greatly aid the visually impaired and instill confidence in them, the PM further stated. The Rs 10 and Rs 20 coins are bi-metallic. However, the Rs 20 coin, the first-ever coin offered in a Rs 20 circulating denomination, has been created in the shape of a 12-edged polygon with a design of grains to symbolize the agricultural dominance

Govt of India Announces New Coin Series with ₹20 Coin

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The Government of India will issue a new definitive coin series featuring designs of grains, symbolizing the agricultural dominance of the country. The Ministry of Finance issued a gazette notification on March 6, 2019, confirming the launch. This includes the introduction of the ₹20 Bi-metallic coin for general circulation. The new coin series includes denominations of One Rupee, Two Rupees, Five Rupees, Ten Rupees, and Twenty Rupees, which will be coined at the Mint for issue under the authority of the Central Government. The metal composition of the ₹1 coin is Ferritic Stainless Steel, weighing 3.09 grams, and having a diameter of 20 mm. The ₹2 coin is made of Ferritic Stainless Steel, weighs 4.07 grams, and has a diameter of 23 mm, featuring 50 wider serrations on the edge. The ₹5 coin is composed of Nickel Brass, weighs 6.74 grams, and has a diameter of 25 mm. The ₹10 coin is a Bi-Metallic coin with Nickel Brass in the Outer Ring and Nickel Silver in the center, weig

New Commemorative Coin: Paramahansa Yogananda

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The Government of India will issue a commemorative coin of Rs 125 to mark the 125th Birth Anniversary of Paramahansa Yogananda . The Ministry of Finance made this announcement through a gazette notification on February 26, 2019, confirming the same. Paramahansa Yogananda was an Indian Hindu monk, yogi, and guru who introduced millions to meditation and Kriya Yoga through his organisation, Self-Realization Fellowship / Yogoda Satsanga Society of India – the only organization he established to disseminate his teachings 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 coin's description is as follows. The obverse side of the coin shall bear the Lion Capitol of Ashoka Pillar in the center with the legend "सत्यमेव जयते" inscribed below, flanked on the left periphery with the word “