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Core Purpose

Notification of the Coinage (Issue of Commemorative Coin on the occasion of Centenary celebration of Mysore Medical College and Research Institute) Rules, 2024, prescribing the denomination, design, dimensions, composition and standard weight of a Rs. 100 commemorative coin.

Detailed Summary

This Notification (G.S.R. 728(E)) issued by the Ministry of Finance, Department of Economic Affairs, New Delhi, dated 25th November 2024, makes rules under clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), titled the Coinage (Issue of Commemorative Coin on the occasion of Centenary celebration of Mysore Medical College and Research Institute) Rules, 2024, effective from the date of publication in the Official Gazette. The Rules authorise coining, under the authority of the Central Government, of a one-hundred-rupee-denomination commemorative coin to mark the Centenary Celebration of the Mysore Medical College and Research Institute. The coin is to be circular, 44 millimetres in diameter, with 200 serrations, composed of a quaternary alloy of 50 per cent silver, 40 per cent copper, 5 per cent nickel and 5 per cent zinc, with a standard weight of 35 grams. Permitted remedies are 1/500th (plus or minus) in silver composition (silver content may vary from 498 to 502 per 1000) and 1/100th (plus or minus) in standard weight (34.65 to 35.35 grams). Per the First Schedule, the coin's obverse bears the Lion Capitol of the Ashoka Pillar with the word "INDIA" on the right periphery, the Rupee symbol and the denominational value "100"; the reverse depicts the Mysore Medical College and Research Institute building with the English inscriptions "CENTENARY CELEBRATION 2024" and "MYSORE MEDICAL COLLEGE & RESEARCH INSTITUTE" on the lower periphery. The notification bears File No. 02/16/2023-Coin and is signed by Aparna Bhatia, Adviser.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-25112024-258907 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 669] NEW DELHI, MONDAY, NOVEMBER 25, 2024/AGRAHAYANA 4, 1946 7603 GI/2024 MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi, the 25th November, 2024 G.S.R. 728(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 Centenary celebration of Mysore Medical College and Research Institute) 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 one hundred rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government to commemorate on the occasion of Centenary Celebration of Mysore Medical College and Research Institute. 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 the coin | Shape and outside diameter | Number of serrations | Metal composition | +---------------------------+-----------------------------------+-----------------------+---------------------+ | (1) | (2) | (3) | (4) | +===========================+===================================+=======================+=====================+ | One Hundred 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 Centenary celebration of Mysore Medical College and Research Institute and the remedy allowed in making of such coin shall be as specified in the Second Schedule annexed to these rules. THE FIRST SCHEDULE [See rule 4] ONE HUNDRED 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 "100" in the international numerals below the Lion Capitol. REVERSE: This face of the coin shall bear the image of Mysore Medical College and Research Institute building. The inscription "मैसूर चिकित्सा महाविद्यालय एवं अनुसंधान संस्थान” and “शताब्दी समारोह" shall be written in Devanagari script on the upper periphery of the coin and the inscription “CENTENARY CELEBRATION 2024" and "MYSORE MEDICAL COLLEGE & RESEARCH INSTITUTE” in English shall be depicted on the lower periphery of the coin. THE 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 | 1/100th plus or minus, that is to | | | | the Silver content may vary from 498 to 502 per | say weight could be 34.65 grams | | | | 1000. | to 35.35 grams. | +---------------------------+-----------------+---------------------------------------------------+-------------------------------------+ [F. No. 02/16/2023-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. SARVESH KUMAR KUMAR SRIVASTAVA Digitally signed by SARVESH SRIVASTAVA Date: 2024.11.25 19:29:14 15'30

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