Home India Ministry of Finance In exercise of the powers conferred by clauses d and e of su...
Date: 2018-03-26 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by clauses d and e of sub section 2 of section 24 of the Coinage Act

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

Executive Summary: This notification, issued by the Ministry of Finance, Department of Economic Affairs, concerns the coinage of a commemorative coin for the 350th Birth Anniversary of Shri Guru Gobind Singh Ji. It establishes rules regarding the coin's denomination, dimensions, composition, design, standard weight, and remedy allowed. The rules come into force on the date of their publication in the Official Gazette, March 26, 2018. Key Points / Main Content: * **Coinage Rules:** These rules are called the "Coinage Issue of Commemorative coin on the occasion of 350th Birth Anniversary of Shri Guru Gobind Singh Ji Rules, 2018." * **Denomination:** * A three hundred fifty rupees (₹350) coin will be coined at the Mint. * **Dimensions and Composition:** * Shape: Circular * Diameter: 44 millimeters * Serrations: Present * Composition: Quaternary Alloy (Silver 50%, Copper 40%, Nickel 05%, Zinc 05%) * **Design:** * *Obverse*: Features the Lion Capitol of Ashoka Pillar, the words "Bharat" in Devanagari script and "INDIA" in English, the Rupee symbol, and the numeral "350." * *Reverse*: Depicts Takht Shri Harimandir Ji Patna Sahib with inscription in Devanagari and the inscriptions "350TH PRAKASH UTSAV OF SRI GURU GOBIND SINGH JI" and year "1666" and "2016". * **Standard Weight and Remedy:** * Standard Weight: 35 grams * Remedy Allowed: In composition, the silver content may vary from 498 to 502 per 1000. In standard weight, the weight could vary from 34.65 grams to 35.35 grams. Impact Analysis: Central Government: * *Impact:* The Central Government authorizes the minting and issuance of the commemorative coin and sets the regulations for its production and distribution. * *Action Required:* Oversee the minting process, ensure adherence to the specified rules, and manage the distribution of the commemorative coin. Mint: * *Impact:* The Mint is responsible for producing the commemorative coin according to the specifications outlined in the rules. * *Action Required:* Coin the ₹350 coin according to the specified dimensions, composition, and design, adhering to the standard weight and remedy allowances. General Public/Collectors: * *Impact:* The rules provide information about the design, composition, and value of the commemorative coin, which may be of interest to collectors or the general public. * *Action Required:* No specific action is required, but individuals may choose to acquire the coin for commemorative or collection purposes.

Key Entities Referenced

Coinage Act, 2011: An act of the parliament of India that regulates coinage. The notification refers to clauses d and e of subsection 2 of section 24 of this act, granting the Central Government powers to make the rules. Central Government: The executive authority of India, responsible for issuing the commemorative coin. Shri Guru Gobind Singh Ji: A Sikh Guru whose 350th Birth Anniversary is being commemorated. Coinage Issue of Commemorative coin on the occasion of 350th Birth Anniversary of Shri Guru Gobind Singh Ji Rules, 2018: The title of the rules defined in the notification related to the commemorative coin. Ministry of Finance: The Indian government ministry under which the Department of Economic Affairs operates, responsible for the notification. Department of Economic Affairs: A department within the Ministry of Finance that issued the notification. New Delhi: The location where the notification was issued. Takht Shri Harimandir Ji Patna Sahib: A Gurdwara in Patna, Bihar, India. Its picture shall be on the reverse side of the commemorative coin.
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L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (i) PART II—Section 3—Sub-section (i) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 181] ubZ fnYyh] lkseokj] ekpZ 26] 2018@pS=k 5] 1940 No. 181] NEW DELHI, MONDAY, MARCH 26, 2018/CHAITRA 5, 1940 ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:7)(cid:7)ंं(cid:7)(cid:7)ंं ााााललललयययय ((((आआआआ(cid:3)(cid:3)(cid:3)(cid:3)थथथथकककक ककककाााायययय(cid:9) (cid:9) (cid:9) (cid:9) ििििववववभभभभाााागगगग)))) अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:4)द(cid:6)ली, 23 माच,(cid:13) 2018 ससससाााा....ककककाााा....ििििनननन.... 222288881111((((अअअअ))))....————के(cid:16)(cid:17) ीय सरकार, िस(cid:22)ा िनमाण(cid:13) अिधिनयम, 2011 (2011 का 11) क(cid:31) धारा 24 क(cid:31) उप-धारा (2) के खंड (घ) और (ड.) ’ारा (द) शि+य, का (योग करते 0ए, िन2िलिखत िनयम बनाती ह,ै अथा(cid:13)तः— 1. ससससििंंििंं(cid:12)(cid:12)(cid:12)(cid:12)(cid:13)(cid:13)(cid:13)(cid:13) ननननाााामममम औऔऔऔरररर (cid:17)(cid:17)(cid:17)(cid:17)ाााारररर(cid:18)(cid:18)(cid:18)(cid:18)भभभभ....————(1) इन िनयम, का नाम िस9क ा िनमाण(cid:13) (:ी गु< गो=वद =सह जी का 350वां (काशो@ सव”””” के अवसर पर Bमारक िस9क े जारी करना) िनयम, 2018 ह ै। (2) य ेराजपC मD (काशन क(cid:31) तारीख को (वृ) ह,ग े। 2. ििििसससस(cid:20)(cid:20)(cid:20)(cid:20)(cid:21)(cid:21)(cid:21)(cid:21) ककककाााा अअअअ(cid:24)(cid:24)ंं(cid:24)(cid:24)ंंककककतततत मममम(cid:27)(cid:27)ूू(cid:27)(cid:27)ूू यययय....————““““(cid:28)(cid:28)(cid:28)(cid:28)ीीीी गगगग ुु ुु गगगगोोोो""""ववववदददद """"ससससहहहह जजजजीीीी ककककाााा 333355550000ववववाााा ंं ंं (cid:17)(cid:17)(cid:17)(cid:17)ककककााााशशशशोोोो’’’’सससस वववव”””” के अवसर पर Bमरणो@सव मनाने के िलए के(cid:16)(cid:17)ीय सरकार के (ािधकार के अधीन जारी करने के िलए टकसाल मD तीन सौ पचास Iपय े के मू(cid:6)य के िस(cid:22), का िनमा(cid:13)ण (cid:4)कया जाएगा। 3. ििििसससस(cid:20)(cid:20)(cid:20)(cid:20)(cid:21)(cid:21)(cid:21)(cid:21) कककक(((( ििििववववममममााााएएएएं ं ं ं औऔऔऔरररर ससससररंंररंं चचचचननननाााा....————िनयम 2 मD उि(cid:6)लिखत अ(cid:4)ं कत मू(cid:6)य के िस(cid:22)े िन2िलिखत िवमाL और सरं चना के अनु<प ह,गे, अथात(cid:13) ् :— िस(cid:22)े का अ(cid:4)ं कत मू(cid:6)य आकृित और बाO Pास दांत, क(cid:31) सQं या धात ुसंरचना (1) (2) (3) (4) चचचचततततथथुुथथुु कक,,कक,, ििििमममम(cid:28)(cid:28)(cid:28)(cid:28) धधधधाााातततत ुुुु रजत– 50 (ितशत वृ)ाकार तीन सौ पचास Iपय े 200 तांबा – 40 (ितशत 44 िमलीमीटर िनकल – 05 (ितशत जBता – 05 (ितशत 1801 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] 4. ििििडडडडज़ज़ज़ज़ााााइइइइनननन....————िस(cid:22), का िडज़ाइन इन िनयम, क(cid:31) पहली अनसु ूची म DिनTदUट (cid:4)कए अनुसार होगा।।।। 5. ममममााााननननकककक ववववजजजजनननन ततततथथथथाााा अअअअनननन..ुु..ुु ाााातततत छछछछूूूूटटटट....————:ी गु< गो=वद =सह जी का 350वां (काशो@ सव मनान े के िलए उपयु(cid:13)9त अं(cid:4)कत मू(cid:6)य के बनाए गए िस(cid:22)े का मानक वजन और ऐस े िस(cid:22), को बनाने म D अनWु ात छूट वह होगी जो इन िनयम, क(cid:31) दसू री अनसु ूची मD िविनTदUट होगी। पपपपहहहहललललीीीी अअअअननननससुुससुु चचूूचचूू ीीीी ((((ििििननननययययमममम 4444 ददददखखखखेेेे ))55))55 ((((iiii)))) ततततीीीीनननन ससससौौौौ पपपपचचचचाााासससस 9999पपपपयययय ेे ेे अअअअ:::: भभभभाााागगगग िस(cid:22)े के मुख भाग पर मZय म D अशोक Bत[भ का =सह शीष (cid:13) होगा, िजसके नीचे ““““सससस’’’’ययययममममववेेववेे जजजजययययतततत””ेे””ेे उ@क(cid:31)]णत होगा, उसक(cid:31) बाय^ प_रिध पर दवे नागरी िलिप म D “भभभभााााररररतततत” श‘द और दाय^ प_रिध पर अंaेजी मD ““““INDIA”””” श‘द होगा। =सह शीष(cid:13) के नीच ेIपये का (तीक ““““ ”””” और अंतरराbीय अकं , मD अं(cid:4)कत मू(cid:6)य ““““333355550000”””” भी होगा । पपपप<<ृृ<<ृृ भभभभाााागगगग िस(cid:22)े के इस भाग पर मZय मD ““““तततत====तततत (cid:28)(cid:28)(cid:28)(cid:28)ीीीी हहहह>>>>ररररमममम(cid:24)(cid:24)(cid:24)(cid:24)ंंंंददददरररर जजजजीीीी पपपपटटटटननननाााा ससससााााििििहहहहबबबब”””” का िचC होगा तथा िचC मD दवे नागरी मD ““““तततत====तततत (cid:28)(cid:28)(cid:28)(cid:28)ीीीी हहहह>>>>ररररमममम(cid:24)(cid:24)(cid:24)(cid:24)ंंंंददददरररर जजजजीीीी पपपपटटटटननननाााा ससससााााििििहहहहबबबब”””” उ@क (cid:31)]णत होगा। िस9क े क(cid:31) ऊपरी प_रिध पर दवे नागरी िलिप म D ““““(cid:28)(cid:28)(cid:28)(cid:28)ीीीी गगगग ुुुु गगगगोोोो""""ववववदददद """"ससससहहहह जजजजीीीी ककककाााा 333355550000ववववाााा ंं ंं (cid:17)(cid:17)(cid:17)(cid:17)ककककााााशशशशोोोो’’’’सससस वववव”””” और िनचली प_रिध पर अंaेजी म D """"333355550000tttthhhh PPPPRRRRAAAAKKKKAAAASSSSHHHH UUUUTTTTSSSSAAAAVVVV OOOOFFFF SSSSRRRRIIII GGGGUUUURRRRUUUU GGGGOOOOBBBBIIIINNNNDDDD SSSSIIIINNNNGGGGHHHH JJJJIIII"""" उ@क (cid:31)]णत होगा। िस9क े के बाय^ और दाय^ प_रिध पर अतं रराU dीय अकं , मD वष(cid:13) ''1666'' और ''2016'' अं(cid:4)कत होगा। ददददससससूूूू ररररीीीी अअअअननननससससुुुु चचूूचचूू ीीीी ((((ििििननननययययमममम 5555 ददददखखखखेेेे ))55))55 िस(cid:22)े का अ(cid:4)ं कत अनमु त छूट मानक वजन मू(cid:6)य संघटन मD मानक वजन म D (1) (2) (3) (4) तीन सौ पचास 35 aाम रजत म D 1/500वां िहB सा कम या अिधक 1/100वा ं जमा या घटा अथा(cid:13)त ् वजन Iपय े अथा(cid:13)त रजत के अंश मD (ित 1000 मD 498 से 34.65 aाम स े 35.35 aाम के बीच हो 502 तक का अंतर हो सकेगा । सकता ह ै। [फा. सं. 04/03/2016-िस(cid:22)ा] ईिjसता िमCा, अवर सिचव MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 23rd March, 2018 G.S.R. 281(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 350th Birth Anniversary of Shri Guru Gobind Singh Ji) Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Denomination of Coins.—The coin of three hundred fifty rupees denomination shall be coined at the Mint for issue under the authority of the Central Government to commemorate the occasion of “350th Birth Anniversary of Shri Guru Gobind Singh Ji ”.¹Hkkx IIµ[k.M 3(i)º Hkkjr dk jkti=k % vlk/kj.k 3 3. Dimension and composition of coin.—The coin of the denominations 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) Quaternary Alloy Silver - 50 Per cent Three Hundred Fifty Circular 200 Copper - 40 Per cent Rupees 44 millimeter 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 above denomination coined to commemorate the occasion of 350th Birth Anniversary of Shri Guru Gobind Singh Ji and the remedy allowed in making of such coin shall be as specified in the Second Schedule to these rules. FIRST SCHEDULE (See Rule 4) THREE HUNDRED FIFTY RUPEES OBVERSE: This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend ““““सससस(cid:2)(cid:2)(cid:2)(cid:2)ययययममममववेेववेे जजजजययययतततत””””ेेेे inscribed below, flanked on the left periphery with the word ““““ भभभभााााररररतततत ”””” in the Devanagari script and on the right periphery with the word “INDIA” in English and it shall also bear the Rupee symbol “`” and denominational value “350” in International Numerals below the Lion Capitol. REVERSE: This face of the coin shall bear the picture of “Takht Shri Harimandir Ji Patna Sahib” in the centre, with inscription """"तततत(cid:10)(cid:10)(cid:10)(cid:10)तततत (cid:11)(cid:11)(cid:11)(cid:11)ीीीी हहहह(cid:14)(cid:14)(cid:14)(cid:14)ररररमममम(cid:17)(cid:17)ंं(cid:17)(cid:17)ंंददददरररर जजजजीीीी पपपपटटटटननननाााा ससससााााििििहहहहबबबब”””” in Devanagari in the picture. The inscription ““““(cid:11)(cid:11)(cid:11)(cid:11)ीीीी गगगग(cid:27)(cid:27)ुु(cid:27)(cid:27)ुु गगगगोोोोििििबबबब(cid:29)(cid:29)(cid:29)(cid:29)दददद (cid:30)(cid:30)(cid:30)(cid:30)ससससहहहह जजजजीीीी ककककाााा 333355550000ववववाााा ंं ंं """"ककककााााशशशशोोोो(cid:2)(cid:2)(cid:2)(cid:2)ससससवववव”””” shall be written in Devanagari script on the upper periphery and “350TH PRAKASH UTSAV OF SRI GURU GOBIND SINGH JI” in English language on the lower periphery of the coin are made. The year “1666” and “2016” in international numerals shall be flanked on the left and right periphery of the coin. SECOND SCHEDULE (See Rule 5) Denomination of Standard Remedy Allowed coin Weight In composition In Standard Weight (1) (2) (3) (4) Three Hundred 35 Grams 1/500th plus or minus for silver, that is to say 1/100th plus or minus that is to say, Fifty Rupees the Silver content may vary from 498 to 502 weight could vary from 34.65grams to per 1000. 35.35 grams. [F.No. 04/03/2016-Coin] IPSITA MITRA, Under Secy. 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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