The Central government on Tuesday announced that it will introduce Rs 100 coins this year to mark the birth centenary of MG Ramachandran, the late AIADMK founder and former chief minister of Tamil Nadu. The news was confirmed by a circular issued by the Ministry of Finance.
The Central government on Tuesday announced that it will introduce Rs 100 coins this year to mark the birth centenary of MG Ramachandran, the late AIADMK founder and former chief minister of Tamil Nadu. The news was confirmed by a circular issued by the Ministry of Finance. “The coins of the following denominations (Rs 100 and Rs 5) shall also be coined at the Mint for issue under the authority of the Central Government to commemorate the occasion of Dr MG Ramachandran birth centenary,” the circular dated on September 11 said, according to a report by The Indian Express.
Now, it is being learned that the ministry will also introduce a new Rs 5 coin and Rs 10 coin, as per reports by Business Today and Deccan Chronicle. This announcement comes days after the government announced Rs 200 and new Rs 50 notes. Here is all you need to know:
1. The government will introduce new Rs 5 coin, which will be 23 millimeters in diameter and made of copper (75 per cent), zinc (20 per cent) and nickel (5 per cent).
2. Standard weight of Rs 100 coin will be 35 grams while that of Rs 5 coin will be 6 grams. However, no information was made available about the new Rs 10 coin.
3. The Rs 100 coin will have MG Ramachandran’s portrait in the centre with the words: ‘Dr M G Ramachandran Birth Centenary’ inscribed in the lower periphery while the same will be inscribed in the Devanagari script on the upper periphery.
4. Apart from this, the new Rs 100 coin will have a ‘Lion Capitol of Ashoka Pillar’ in the centre, with the legend ‘Satyamev Jayate’ inscribed below in Devanagari.
5. The lower periphery of the obverse side of the Rs 100 coin will be flanked with the word Bharat in Devanagari and on the right periphery with the word India in English.
6. As per the notification issued by the ministry, the coin will also have the Rupee symbol and denominational value Rs 100 in international numerals below the Lion Capitol.
7. The Rs 100 coin will be 44 millimeters in diameter, with a metal composition of silver (50 per cent), copper (40 per cent), nickel (5 per cent) and zinc (5 per cent).