Govt to release Rs 75 coin soon

New DelhI: The Union Government on Tuesday announced that it will launch a unique coin in Rs. 75 denomination soon.

According to reports, the Rs 75 denomination coin will be released to commemorate the 75th anniversary of India’s flag hoisting for the first time by legendary freedom fighter Subhash Chandra Bose at Port Blair. He had hoisted the Tricolour at Cellular Jail in Port Blair on December 30, 1943.

“The coin of seventy-five rupees denomination shall only be coined at the Mint for issue under the authority of the central government on the occasion of ’75th Anniversary of Hoisting of Tricolour’ for the first time by Netaji Subhash Chandra Bose at Port Blair,” PTI reported citing a notification released by Ministry of Finance.

Three key features which the unique Rs75 coin will have:

1. As per the PTI report, the new Rs. 75 coin features Netaji Subhash Chandra Bose’s image, which is shown saluting the flag against the backdrop of Cellular Jail. The Rs. 75 coin will weigh 35 gram.
2. The coin will comprise 50% silver, 40% copper and 5% nickel and zinc each.
3. Below the image of Netaji Subhash Chandra Bose, a numeral 75th plus the caption anniversary will be included on the coin. Also, the coin would showcase an inscription saying ‘First Flag Hoisting Day’ in both English and Devanagari script.

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