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Core Purpose

Notification of the Coinage (Issue of Commemorative Coin on the occasion of 75th Republic Day Celebrations) Rules, 2024, prescribing a seventy-five rupee commemorative coin.

Detailed Summary

By G.S.R. 60(E) dated 23rd January 2024, the Ministry of Finance (Department of Economic Affairs), 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 on the occasion of 75th Republic Day Celebrations) Rules, 2024, effective from the date of publication, providing for a seventy-five rupee circular coin of 44 millimetre diameter with 200 serrations composed of 99.9 per cent pure silver, with a standard weight of 40 grams (permissible remedy 39.995 to 40.005 grams and silver content tolerance of 998.8 parts per 1000 or above); the First Schedule prescribes the coin's obverse (Lion Capital of Ashoka with 'Satyamev Jayate', 'Bharat' and 'India' legends, the Rupee symbol and denomination '75') and reverse design (new and old Parliament buildings with the text '75th Republic Day' and the year 2024); the notification is signed by Aparna Bhatia, Adviser, under File No. 02/37/2023-Coin.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-23012024-251572 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 54] NEW DELHI, TUESDAY, JANUARY 23, 2024/MAGHA 3, 1945 MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi, the 23rd January, 2024 G.S.R. 60(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 Republic Day Celebrations) 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 be coined at the Mint for issue under the authority of the Central Government on the occasion of 75th Republic Day Celebrations. 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 diameter | Number of serrations | Metal composition | | of the coin | | | | +=======================+==========================+====================+=========================+ | (1) | (2) | (3) | (4) | +-----------------------+--------------------------+--------------------+-------------------------+ | Seventy Five Rupees | Circular | 200 | Pure Silver | | | 44 millimetre | | 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 denomination referred in rule 2 shall be coined to commemorate the occasion of 75th Republic Day Celebrations completion 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] 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 Devnagari 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 new Parliament building in front of image of old Parliament building. People of India will be shown behind the image of Parliament building. The text “75वाँ गणतंत्र दिवस” in Devnagari script and the text “75TH REPUBLIC DAY” in English shall be inscribed on the upper periphery of the coin. The year "2024" in the international numerals shall be inscribed below the image of New Parliament Building. THE SECOND SCHEDULE [See rule 5] +-----------------------+-----------------+-----------------------------------+-----------------------------------+ | Denomination of | Standard weight | Remedy allowed | | | the coin | | In composition | In standard weight | +=======================+=================+===================================+===================================+ | (1) | (2) | (3) | (4) | +-----------------------+-----------------+-----------------------------------+-----------------------------------+ | Seventy Five Rupees | 40 Grams | 999 parts of silver per 1000. The | 1/8000th plus or minus that is to | | | | tolerance for Silver content shall | say weight could be 39.995 | | | | be 998.8 and above. | grams to 40.005 grams. | +-----------------------+-----------------+-----------------------------------+-----------------------------------+ [F. No. 02/37/2023-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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