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Core Purpose

Notification under section 24(2)(d) and (e) of the Coinage Act, 2011 making the Coinage (Issue of Commemorative Coin to commemorate on the occasion of 500th Birth Anniversary of Rani Durgavati) Rules, 2023, prescribing the denomination, dimensions, design and standard weight of a five-hundred-rupee commemorative silver coin.

Detailed Summary

The Ministry of Finance, Department of Economic Affairs, via G.S.R. 716(E) dated 3rd October 2023, exercising powers under clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), notified the Coinage (Issue of Commemorative Coin to commemorate on the occasion of 500th Birth Anniversary of Rani Durgavati) Rules, 2023, effective from the date of publication in the Official Gazette; the rules authorize minting of a five-hundred-rupee denomination circular coin of 44 millimeters diameter with 200 serrations in pure silver (99.9 per cent), specify the obverse design bearing the Lion Capital of Ashoka with the legend and "INDIA" inscription and rupee symbol, and the reverse design bearing a portrait of Rani Durgavati with the year 2023, and prescribe a standard weight of 40 grams with a permitted silver-content tolerance of 998.8 parts per 1000 and a weight remedy of plus or minus 1/8000th (39.995 to 40.005 grams); the notification is signed by Aparna Bhatia, Adviser, under File No. 02/35/2023-Coin.

Full Text

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 563] NEW DELHI, TUESDAY , OCTOBER 3, 2023/ ASVINA 11, 1945 CG-DL-E-03102023-249121 (1) (2) (3) (4) )1( )2( )3( )4( MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi, the 3rd October , 2023 G.S.R. 716(E).— In exercise of the powers conferred by clauses (d) and (e) of sub -section (2) of section 24 of the Coinage Act, 2011(11 of 2011), the Central Government hereby makes the following rules, namely: - 1. Short title and commencement. - (1) These rules may be cal led the Coinage (Issue of Commemorative Coin to commemorate on the occasion of 500th Birth Anniversary of Rani Durgavati) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Denomination of coin. - The coin of five hundred rupees denomination shall be coined at the Mint for issue under the authority of the Central Government on the occasion of “500th Birth Anniversary of Rani Durgavati” . 3. Dimension and composition of coin. - The coin of the above den omination mentioned in rule 2 shall conform to the following dimensions and composition, namely: - Denomination of the coin Shape and outside diameter Number of serrations Metal composition (1) (2) (3) (4) Five hundred rupees Circular 44 millimeters 200 Pure Silver Silver - 99.9 per cent. 4. Design .- The design of the coin shall be as specified in the First Schedule to these rules. 5. Standard weight and remedy allowed. - The standard weight of the coin of above denomination coined to commemorate the occasion of 500th Birth Anniversary of Rani Durgavati and the remedy allowed in making of such coin shall be as specified in the Second Schedule to these rules. First Schedule (See Rule 4) FIVE HUNDRED RUPEES OBVERSE: This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “सत्यमेव जयते ” inscribed below, flanked on the left periphery with the word “भारत ” in Devnagari script and on the right periphery with the word “ INDIA ” in English. It shall also bear the Rupee symbol “ ₹” and denominational value “ 500” in the international numerals below the Lion Capitol. REVERSE: This face of coin shall bear portrait of Rani Dur gvati in the centre . The inscription “ रानी दुर्ाावती की 500वीीं जयींती ” shall be written in Devnagari script on the upper periphery of the coin and the inscription “500TH BIRTH ANNIVERSARY OF RANI DURGAVATI” in English is depicted on the lower periphery of the coin. The year “2023 ” in international numeral shall be written below the portrait of Rani Durgavati. Second Schedule (See Rule 5) Denomination of the coin Standard weight Remedy allowed In composition In standard weight (1) (2) (3) (4) Five hundred rupees 40 Grams 999 parts of silver per 1000. The tolerance for Silver content shall be 998.8 and above. 1/8000th plus or minus, that is to say weight could be 39.995 grams to 40.005 grams. [F. No. 02/35/2023 - Coin ] APARNA BHATIA , Adviser Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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