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Core Purpose

Notification of the Coinage (Issue of Commemorative Coin on the Occasion of Diamond Jubilee of Birla Institute of Technology and Science, Pilani) Rules, 2024 under section 24(2) of the Coinage Act, 2011, prescribing a sixty-rupee commemorative coin.

Detailed Summary

By G.S.R. 685(E) dated 4th November 2024, the Department of Economic Affairs, Ministry of Finance, exercising powers under clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), notifies the Coinage (Issue of Commemorative Coin on the Occasion of Diamond Jubilee of Birla Institute of Technology and Science, Pilani) Rules, 2024, effective on publication, authorising a Sixty Rupees denomination coin (circular, 44 millimetre diameter, 200 serrations, quaternary alloy of 50% silver, 40% copper, 5% nickel and 5% zinc, standard weight 35 grams with a permitted remedy of plus or minus 1/100th, i.e., 34.65 to 35.35 grams, and silver content remedy of 1/500th) to commemorate BITS Pilani's Diamond Jubilee (1964-2024); the First Schedule prescribes the obverse (Lion Capitol of Ashoka with the legend "Satyamev Jayate", the words "Bharat" and "India", and the rupee symbol with denomination "60") and reverse (image of the BITS Pilani building with Hindi and English inscriptions naming the institute and "Diamond Jubilee", flanked by the years 1964 and 2024) designs, and the Second Schedule sets the standard weight and permissible remedy; the notification is signed by Aparna Bhatia, Adviser.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-04112024-258435 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 627] NEW DELHI, MONDAY, NOVEMBER 4, 2024/KARTIKA 13, 1946 7134 GI/2024 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 4th November, 2024 G.S.R. 685(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 called the Coinage (Issue of Commemorative Coin on the Occasion of Diamond Jubilee of Birla Institute of Technology and Science, Pilani) Rules, 2024. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Denomination of coin.- The coin of sixty rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of Diamond Jubilee of Birla Institute of Technology and Science, Pilani. 3. Dimension and composition of coin.- The denomination of the coin mentioned in rule 2 shall conform to the following dimensions and composition, namely: - +-------------------+---------------------------+---------------------+--------------------+ | Denomination | | Number of | Metal composition | | of coin | Shape and outside diameter| serrations | | +===================+===========================+=====================+====================+ | (1) | (2) | (3) | (4) | +-------------------+---------------------------+---------------------+--------------------+ | Sixty Rupees | Circular | 200 | Quaternary Alloy | | | 44 millimetre | | Silver - 50 per cent.| | | | | Copper - 40 per cent.| | | | | Nickel - 05 per cent.| | | | | Zinc - 05 per cent. | +-------------------+---------------------------+---------------------+--------------------+ 4. Design.- The design of the coin shall be as specified in the First Schedule annexed to these rules. 5. Standard weight and remedy allowed.- The standard weight of the coin of the denomination referred in rule 2 shall be coined to commemorate the occasion of Diamond Jubilee of Birla Institute of Technology and Science, Pilani and the remedy allowed in making of such coin shall be as specified in the Second Schedule annexed to these rules. THE FIRST SCHEDULE [See rule 4] SIXTY 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 "60" in the international numerals below the Lion Capitol. REVERSE: This face of the coin shall bear the image of building of Birla Institute of Technology and Science, Pilani in the centre of the coin. The image of the building is encircled by dots enclosed in two circular lines. The inscription "बिड़ला प्रौद्योगिकी एवं विज्ञान संस्थान, पिलानी and below which हीरक जयंती" shall be written in Devnagari script on the upper periphery. The inscription "DIAMOND JUBILEE” and below which “BIRLA INSTITUTE OF TECHNOLGY & SCIENCE, PILANI" in English is depicted on the lower periphery of the coin. The years “1964 and 2024” in international numerals shall be written at right and left side of image of the BITS Pilani building. THE SECOND SCHEDULE [See rule 5] +-------------------+-------------------+-------------------------------------------------------------------------------------------------------------------------------------+-------------------------------------------------------------------------------------------------------------------------------------+ | Denomination of | Standard weight | Remedy allowed | | | coin | | In composition | In standard weight | +===================+===================+=====================================================================================================================================+=====================================================================================================================================+ | (1) | (2) | (3) | (4) | +-------------------+-------------------+-------------------------------------------------------------------------------------------------------------------------------------+-------------------------------------------------------------------------------------------------------------------------------------+ | Sixty Rupees | 35 Grams | 1/500th plus or minus for Silver, that is | 1/100th plus or minus, that is to | | | | to say, the Silver content may vary | say, weight could be 34.65 | | | | from 498 to 502 per 1000. | grams to 35.35 grams. | +-------------------+-------------------+-------------------------------------------------------------------------------------------------------------------------------------+-------------------------------------------------------------------------------------------------------------------------------------+ [F. No. 02/10/2024-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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