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Core Purpose

Notification of the Coinage (Issue of Commemorative Coin on the occasion of 125th Birth Anniversary of Dr. Panjabrao Alias Bhausaheb Deshmukh) Rules, 2023, made under section 24 of the Coinage Act, 2011.

Detailed Summary

The Ministry of Finance (Department of Economic Affairs), vide G.S.R. 905(E) dated 21st December, 2023, in exercise of powers conferred by clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), made the Coinage (Issue of Commemorative Coin on the occasion of 125th Birth Anniversary of Dr. Panjabrao Alias Bhausaheb Deshmukh) Rules, 2023, effective from the date of publication. The rules authorise coining a One Hundred Twenty Five Rupees denomination coin at the Mint under Central Government authority. The coin is circular, 44 millimetre outside diameter, with 200 serrations, composed of a quaternary alloy (Silver 50%, Copper 40%, Nickel 5%, Zinc 5%), with a standard weight of 35 grams. Permitted remedy allowances are 1/500th (silver content 498-502 per 1000) for composition and 1/100th (34.65 to 35.35 grams) for standard weight, as specified in the Second Schedule. The First Schedule specifies the design: the obverse bears the Lion Capitol of the Ashoka Pillar with the legend Bharat in Devnagari and INDIA in English, the Rupee symbol, and the denominational value 125; the reverse bears the image of Dr. Panjabrao Alias Bhausaheb Deshmukh with inscriptions in Devnagari and English marking the 125th birth anniversary, and the years 1898 and 2023. The notification, F. No. 02/28/2023-Coin, was signed by Aparna Bhatia, Adviser.

Full Text

7866 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. 721] NEW DELHI, THURS DAY , DECEMBER 21, 2023/ AGRAHAYANA 30, 1945 CG-DL-E-21122023-250811 (1) (2) (3) (4) “DR. PANJABRAO ALIAS BHAUSAHEB DESHMUKH ” तथा “125TH BIRTH ANNIVERSARY ” जलखा होगा ।! )1( )2( )3( )4( MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi, the 21st December , 2023 G.S.R. 905(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 125th Birth Anniversary of Dr. Panjabrao Alias Bhausaheb Deshmukh ) 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 One Hundred Twenty Five Rupees denomination shall be coined at the Mint for issue under the authority of the Central Government on the occasion of 125th Birth Anniversary of Dr. Panjabrao Alias Bhausaheb Deshmukh. 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 of coin Shape and outside diameter Number of serrations Metal composition (1) (2) (3) (4) One Hundred Twenty 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 and remedy allowed .- The standard weight of the coin of the denomination referred in rule 2 shall be coined to commemorate the occasion of 125th Birth Anniversary of Dr. Panjabrao Alias Bhausaheb Deshmukh and the remedy allowed in making of such coin shall be as specified in the Second Schedule to these rules. THE FIRST SCHEDULE [See rule 4 ] ONE HUNDRED TWENTY FIVE RUPEES OBVERSE: This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centr e with the legend “सत्यमेि ियते ” 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 “ 125” in the international numerals below the Lion Capitol. REVERSE: This face of coin shall bear the image of Dr. Panjabrao Alias Bhausaheb Deshmukh . The inscription “डॉ. पंिाबराि उपाख्य भाऊसाहेब िेिमुख ” and “125 िीं ियंती ” in devnagari script shall be written on the upper periphery. The inscription “DR. PANJABRAO ALIAS BHAUSAHEB DESHMUKH” and “125th BIRTH ANNIVERSARY” in English shall be written on the lower periphery of the coin. The year " 1898” and “2023 ” in international numerals shall be flanked on the left and right side of the image of DR. PANJABRAO ALIAS BHAUSAHEB DESHMUKH , Second Schedule [See rule 5] Denomi nation of coin Standard weight Remedy allowed In composition In standard weight (1) (2) (3) (4) One Hundred Twenty 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 weight could be 34.65 grams to 35.35 grams. [F. No. 02/28/2023 -Coin] APARNA BHATI A, 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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