New Parliament building inauguration: Centre to issue Rs 75 coin to mark the day

The Ministry of Finance on Thursday said it would launch Rs 75 coin to mark the launch of the new Parliament building on May 28

New-Delhi: The Ministry of Finance on Thursday said it would launch Rs 75 coin to mark the launch of the new Parliament building on May 28.

The Ministry of Finance informed on Thursday via a gazette notification under section 24 of the Coinage Act, 2011.

According to the ministry’s notification, the Rs 75 coin will be circular in shape and will have a diameter of 44 millimeters. The composition of the coin will be of a quaternary alloy, 50 percent silver, 40 percent copper, 5 percent nickel, 5 percent zinc.

The notification stated, the face of the coin shall bear the Lion capitol of Ashoka Pillar in the center with the legend “Satyameva Jayate” inscribed below, on the right periphery, the world India will be inscribed in english and word Bharat will be flanked on the left periphery in Devanagari script.

The coin will also have the rupee symbol and the denomination value of 75 in international numerals written below the Lion Capital.

The opposite side of the coin will display an image of the parliament complex. The inscription “Sansad Sankul” will be written in Devanagari script on the upper periphery while the words “Parliament Complex” in English on the lower periphery of the coin.

The year 2023 in international numeral shall be written below the image of Parliament Complex. The weight of the coin will be 35 grams.

Prime Minister Narendra Modi will inaugurate the new Parliament building on May 28. He will also install the ceremonial sceptre ‘Sengol’ in the new Parliament building.

The ‘Sengol’ is a gold-studded sceptre, which Jawaharlal Nehru received as a symbol of the transfer of power during the independence of India in the year 1947.  Today after 75 years, ‘Sengol’ is being remembered as the Govt is recreating the entire event that happened in 1947.

Also Read: Cong, 18 Other Parties To Boycott New Parliament House Inauguration

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