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Core Purpose

Rules under the Coinage Act, 2011 for the issue of a Seventy Five Rupee commemorative coin marking the Platinum Jubilee of the National Defence Academy, Khadakwasla, Pune.

Detailed Summary

G.S.R. 844(E) dated 17th November, 2023, issued by the Ministry of Finance (Department of Economic Affairs), 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 Platinum Jubilee Celebration of National Defence Academy, Khadakwasla, Pune) Rules, 2023', prescribing a circular Seventy Five Rupee coin of 44 millimeter diameter with 200 serrations in a Quaternary Alloy composition of 50 per cent silver, 40 per cent copper, 5 per cent nickel and 5 per cent zinc, standard weight of 35 grams, with remedy allowances of 498 to 502 per 1000 for silver content and 34.65 to 35.35 grams for weight; the First Schedule specifies the obverse design (Lion Capitol of the Ashoka Pillar, the legend 'Satyamev Jayate', 'Bharat' and 'INDIA', the Rupee symbol and denomination '75') and reverse design (the National Defence Academy, Khadakwasla, Pune building, a '75 Glorious Years' commemorative logo, and the years '1949' and '2024'), while the Second Schedule specifies the standard weight and remedy allowed; issued under F. No. 02/24/2023-Coin and signed by Aparna Bhatia, Adviser.

Full Text

7187 GI/202 3 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 661] NEW DELHI, FRIDAY , NOVEMBER 17, 2023/ KARTIKA 26, 1945 CG-DL-E-17112023-250101 (1) (2) (3) (4) (1) (2) (3) (4) MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi , the 1 7th November , 2023 G.S.R. 844(E).—In exercise of the powers conferred by clauses (d) and (e) of sub -sectio n (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 Platinum Jubilee Celebration of National Defence Academy, Khadakwasla, Pune) 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 Seventy Five Rupees denomination shall be coined at the Mint for issue under the authority of the Central Government on the occasion of Platinum Jubilee Celebration of National Defence Academy, Khadakwasla, Pune. 3. Dimension and composition o f coin .- The coin of the above denomination 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) Seventy Five Rupees Circular 44 millimeter 200 Quaternary Alloy 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 to these rules. 5. Standard weight a nd remedy allowed .- The standard weight of the coin of the denomination referred in rule 2 shall be coined to commemorate the occasion of Platinum Jubilee Celebration of National Defence Academy, Khadakwasla, Pune and the remedy allowed in making of such c oin shall be as specified in the Second Schedule to these rules. THE FIRST SCHEDULE (See rule 4) SEVENTY FIVE RUPEES OBVERSE: This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “ सत्यमेि ियते ” inscribed below, flanked on the left periphery with the word “ भारत ” in Devnagri script and on the right periphery with the word “INDIA” in English. It shall also bear the Rupee symbol “₹” and denominational value “75” in the international numerals below the Lion Capitol. REVERSE: This face of the coin shall bear the image of the National Defence Academy, Khadakwasla, Pune building at the center. On the upper periphery of the coin, the inscription " राष्ट्रीय रिा अकािमी , खड़किासला ” shall be written in Devnagari script and the inscription "NATIONAL DEFENCE ACADEMY, Khadakwasla" in English shall be depicted on the lower periphery of the coin. Below the image of the National Defence Academy building, the logo commemorating '75 Glorious Years' of the National Defence Academy s hall be inscribed. To the left of this logo, the year "1949" and to the right, the year "2024" shall be inscribed. THE SECOND SCHEDULE (See rule 5) Denomination of the coin Standard weight Remedy allowed In composition In standard weight (1) (2) (3) (4) Seventy Five Rupees 35 Grams 1/500th plus or minus for Silver, that is to say, the Silver content may vary from 498 to 502 per 1000. 1/100th plus or minus, that is to say, the weight could vary from 34.65 grams to 35.35 grams. [F. No. 02/24/2023 -Coin ] APARNA BHATIA, Adviser Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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