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Core Purpose

Notification making the Coinage (Issue of Commemorative Coin on the occasion of 75th Anniversary of Constitution) Rules, 2024 under clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011, prescribing the denomination, dimensions, composition and design of a Seventy Five Rupees commemorative coin.

Detailed Summary

G.S.R. 718(E), issued by the Ministry of Finance (Department of Economic Affairs) on 20th November 2024 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 75th Anniversary of Constitution) Rules, 2024, effective from the date of publication, which provide for coining a Seventy Five Rupees denomination coin at the Mint to commemorate the 75th Anniversary of the Constitution, specify that the coin shall be circular with a 44 millimeter diameter, 200 serrations and a quaternary alloy composition of 50 per cent silver, 40 per cent copper, 5 per cent nickel and 5 per cent zinc as per the First Schedule, and that the coin shall have a standard weight of 35 grams with a permitted remedy of 1/500th in silver composition (498 to 502 per 1000) and 1/100th in standard weight (34.65 to 35.35 grams) as per the Second Schedule; the obverse bears the Lion Capitol of the Ashoka Pillar with "Satyameva Jayate" and the Rupee symbol with denominational value "75", while the reverse depicts the upper portion of the Parliament Building with inscriptions marking the "75th Anniversary of Constitution" and the years "1949" and "2024"; the notification is signed by Aparna Bhatia, Adviser, under file number 02/24/2024-Coin.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-20112024-258783 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 659] NEW DELHI, WEDNESDAY, NOVEMBER 20, 2024/KARTIKA 29, 1946 7496 GI/2024 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20th November, 2024 G.S.R. 718(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 75th Anniversary of Constitution) 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 Seventy Five Rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government to commemorate on the occasion of 75th Anniversary of Constitution. 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 | Shape and outside | Number of | Metal composition | | of the coin | diameter | serrations | | | (1) | (2) | (3) | (4) | +=======================+=========================+===================+=======================+ | Seventy Five Rupees | Circular | 200 | Quaternary Alloy | | | 44 millimeter | | 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 denomination referred in rule 2 to commemorate the occasion of 75th Anniversary of Constitution and the remedy allowed in making of such coin shall be as specified in the Second Schedule annexed to these rules. 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 "सत्यमेव जयते" 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 coin shall bear the image of upper portion of Parliament Building in the centre of the coin. The inscription “संविधान की 75वीं वर्षगांठ” shall be written in Devnagari script on the upper periphery and the inscription “75TH ANNIVERSARY OF CONSTITUTION” in English shall be depicted on the lower periphery of the coin. The year "1949" on left side and the year "2024" on right side of the coin shall be written in international numerals. Second Schedule (See Rule 5) +-----------------------+-----------------+---------------------------------------------+---------------------------------------+ | Denomination of the | Standard | Remedy allowed | | | coin | weight | In composition | In standard weight | | (1) | (2) | (3) | (4) | +=======================+=================+=============================================+=======================================+ | Seventy Five Rupees | 35 Grams | 1/500th plus or minus for Silver, that is to| 1/100th plus or minus, that | | | | say the Silver content may vary from 498 | is to say weight could be | | | | to 502 per 1000. | 34.65 grams to 35.35 | | | | | grams. | +-----------------------+-----------------+---------------------------------------------+---------------------------------------+ [F. No. 02/24/2024 – 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. Digitally signed by SARVESH KUMAR SRIVASTAVA Date: 2024.11.20 21:38:08 +053

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