The new Rs.75 coin coin to be launched on May 28 will bear the image of the Parliament complex
Prime Minister Narendra Modi will be launching an Rs.75 denomination coin to mark the inauguration of the new Parliament building, said a press release by the Ministry of Finance (MoF) on Friday. Mr. Modi will be dedicating the new Parliament building to the nation on Sunday, May 28.
As per the Ministry of Finance, the obverse face of the coin will bear the Lion Capital of the Ashoka Pillar in the center with the legend ‘Satyamev Jayate’ inscribed below. The Ashoka Pillar will be flanked by the word ‘Bhaarat‘ in Devnagri script on the left periphery and the word ‘India’ in English on the right periphery.
The reverse face of the coin will bear the image of the Parliament Complex. Also, the Year ‘2023’ shall be written below the image of Parliament Complex, the Ministry added.
The shape of the coin will be circular with a 44 m.m. diameter and it will weigh around 35 grams.
According to a notification issued by the Union Finance Ministry, the new coin will be composed of a quaternary alloy, with 50% silver, 40% copper, 5% nickel, and 5% zinc.
Notably, the country is celebrating its 75th year of independence in the year 2023.
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