2019-03-07 Thu

Coinage of the Republic of India is to welcome a new member. Today, P.M. Shri. Narendra Modi released the new series of visually impaired friendly circulation coins, in New Delhi.

Since the demonetization of Rs.1000 and Rs.500 notes, Government is introducing new colourful notes. Similarly, the government now is all set to launch a multidimensional coin. Rs. 20 note is transforming into a coin. This will be India’s new Rs. 20 coin.

This coin will be shaped like a 12-edged polygon. The Rs. 20 coin will weigh 8.54 gm and its outside diameter will be 27mm with the outer ring made of nickel silver and the centrepiece of Nickel brass. The coin will also have a design of grains depicting the agricultural dominance of the country.

The obverse of the new Rs 20 coin shall bear the 'Lion Capitol of Ashoka Pillar' with 'Satyameva Jayate' inscribed below. The left periphery will have the word 'Bharat' in Hindi and the right periphery will have the word 'India' in English. The reverse side of the coin would have the denominational value '20' in the international numerals along with the Rupee symbol.

The exact date of issuance of these new series coins is yet to be announced. Moreover, a new series of one, two, five and ten rupees coins will also be minted.

Image Courtesy: https://www.business-standard.com