New Delhi: A special Rs 75 coin will be launched by the Union Ministry of to commemorate the inauguration of new Parliament building by Prime Minister Narendra Modi on May 28.
“The coin of Seventy Five Rupees denomination shall be coined at the Mint for issue under the authority of the Central Government on the occasion of Inauguration of New Parliament Building,” the Ministry of Finance informed via a gazette notification under section 24 of the Coinage Act, 2011.
The coin will be in circular shape of 44 millimetres diameter and 200 serrations along the edges. The metallic composition of the coin will have quaternary alloy consisting of 50% silver, 40% copper, 5% nickel and 5% zinc, the official notification said.
The standard weight of the coin will be 35 grams.
One side of the coin will feature the Lion Capital of the Ashoka Pillar with the inscription ‘Satyamev Jayate’ below it. The left periphery will of the coin will have “Bharat” inscribed in Devanagari script and India in English. The coin will also have the rupee symbol and the denomination value of 75 in international numerals written below the Lion Capital. The reverse side of the coin will have an image of the parliament complex with words “Sansad Sankul” written in Devanagari script on the upper periphery and “Parliament Complex” in English on the lower periphery. The Year “2023” will be written below the image of Parliament Complex.
The design of the coin is in line with the guidelines specified in the First Schedule of the Constitution, it added.
