Issue of Commemorative Coins on the Occasion of India G20 Presidency

EXTRAORDINARY PART II —Section 3 —Sub-section ( i) PUBLISHED BY AUTHORITY No. 427] NEW DELHI , MON DAY, JULY 24, 2023/ SHRAVANA 2, 1945 CG-DL-E-24072023-247578 (1) (2) (3) (4) )1( )2( )3( )4( MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi, the 24th July, 2023 G.S.R. 533(E).—In exercise of the powers conferred by clauses (d) and (e) of sub -section (2) of section 24 read with clauses (a) and (b) of section 2 of the Coinage Act, 2011 #(11 of 2011), the Central Government hereby makes the following rules, namely: - 1. Short tit le and commencement .- (1) These rules may be called the Coinage (Issue of Commemorative Coins on the Occasion of India’s G20 Presidency) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Deno mination of coins .- The coins of the following denominations shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of “India’s G20 Presidency ”- (i) One hundred rupees ; and (ii) Seventy -five rupees. 3. Dimension and composition of coins .- The coins of the denomination s referred to in rule 2 shall conform to the following dimensions and composition, namely: - Denomination of the coins Shape and outside diameter Number of serrations Metal composition (1) (2) (3) (4) One hundred rupees Circular 44 millimeter s 200 Quaternary Alloy Silver - 50 per cent. ; Copper - 40 per cent. ; Nickel - 05 per cent. ; and Zinc - 05 per cent. Seventy -five rupees Circular 44 millimeter s 200 Quaternary Alloy Silver - 50 per cent. ; Copper - 40 per cent. ; Nickel - 05 per cent. ; and 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 coins of the denominations referred to in rule 2, coined to commemorate the occasion of India’s G20 Presidency and the remedy allowed in making of such coins shall be as specified in the Second Schedule to these rules. First S chedule (See rule 4) (i) ONE HUNDRED 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 Devnag ari script and on the right periphery with the word “INDIA ” in English. It shall also bear the Rupee symbol “₹`” and denominational value “ 100” in the international numerals below the Lion Capitol. REVERSE: This face of the coin shall bear the design of the logo of India’s G20 Presidency in the centre. The inscription ‘िसुधैि क ु टुम्बकम् ’ shall be written in Devnagari script on the upper periphery of the coin and the inscription “ONE EARTH • ONE FAMILY • ONE FUTURE ” in English shall be written on lower periphery of the coin. (ii) 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 Devnag ari 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 design of the logo of India’s G20 Presidency in the centre. The inscription ‘िसुधैि क ु टुम्बकम् ’ shall be written in Devnagari script on the upper periphery of the coin and the inscription “ONE EARTH • ONE FAMILY • ONE FUTURE ” in English shall be written on lower periphery of the coin. Second Schedule (See rule 5) Denomination of the coin Standard weight Remedy allowed In composition In standard weight (1) (2) (3) (4) One Hundred 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. 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. 02/19/2022 -Coin] APARNA BHATIA , Advise r Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Del hi-110054.