2023 - New Parliament Complex | Commemorative Coin

The ninth commemorative coin for the year 2023 was issued as part of the Inauguration of New Parliament Building.

The Indian government in 2019 launched the Central Vista Redevelopment Project, with the construction of a new parliament building as a part, alongside other projects in New Delhi, including revamping Kartavya Path, construction of a new residence for the Vice President, a new office and residence for the Prime Minister and combining all ministerial buildings in a single central secretariat.

The groundbreaking ceremony for the new building was held in October 2020. The Prime Minister Narendra Modi laid the foundation stone of the building. The ceremony included an inter-faith prayer service, performed by religious leaders.

According to Bimal Patel, the architect in charge of the redesign of Central Vista, the new complex will have a triangular shape. It will be built next to the existing complex and will be almost equal to the former one. The building is designed to have a lifespan of more than 150 years. It is designed to be earthquake resistant and will incorporate architectural styles from different parts of India. The proposed chambers for the Lok Sabha and the Rajya Sabha will have large seating capacities to accommodate more members than are currently present, since the number of MPs may increase with India's growing population and consequent future delimitation. The new complex will have 888 seats in the Lok Sabha chamber and 384 seats in the Rajya Sabha chamber. Unlike the present parliament building, it will not have a central hall. The Lok Sabha chamber will be able to house 1,272 members in case of a joint session. The rest of the building will have 4 floors with offices of ministers and committee rooms. The building will have a built area of 20,866 m2, which makes it 10% smaller in size than the existing old circular building of 22,900 m2 including its open sky area of 6,060 m2 or 1.5 acres, split in 3 sectors each half an acre. The new building will also house a 'Sengol.' It is a historical scepter made in Tamil Nadu and inspired from Chola Kingdom era 'Sengol' for transferring power from one ruler to another, which was given by the British to first Prime Minister Jawaharlal Nehru to represent the transfer of power and will be installed in the new Parliament building on the inaugural day by the Prime Minister Narendra Modi.

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