Home India Ministry of Finance In exercise of the powers conferred by clauses d and e of su...
Date: 2020-11-18 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 from the Ministry of Finance, Department of Economic Affairs, announces the Coinage Issue of Commemorative Coin to Commemorate on the Occasion of Centennial Celebrations of University of Lucknow Rules, 2020. It specifies the rules for the commemorative coin, including its denomination, dimensions, composition, design, standard weight, and permitted remedies. The rules come into force on the date of their publication in the Official Gazette: November 18, 2020. Key Points / Main Content: * **General:** * The rules are called the "Coinage Issue of commemorative coin to commemorate on the occasion of Centennial Celebrations of University of Lucknow Rules, 2020." * The rules come into force on the date of their publication in the Official Gazette. * **Coin Denomination:** * Only One Hundred Rupees coins will be coined for the Centennial Celebrations of the University of Lucknow. * **Coin Dimensions and Composition:** * Shape: Circular * Diameter: 44 millimeters * Serrations: 200 * Composition: * Silver: 50% * Copper: 40% * Nickel: 05% * Zinc: 05% * **Coin Design:** * Obverse: Features the Lion Capitol of Ashoka Pillar, the word "Bharat" in Devnagri script, the word "INDIA" in English, the Rupee symbol, and the numeral "100." Skirting design on the periphery. * Reverse: Displays the University of Lucknow buildings, the inscription in Devnagri script and "CENTENNIAL CELEBRATION" in English above the university image. The inscription in Devnagri script and "UNIVERSITY OF LUCKNOW" in English on the upper periphery. The year "1920-2020" at the lower periphery. Skirting design on the periphery. * **Coin Weight and Remedy:** * Standard Weight: 35 grams. * Silver Content Remedy: Plus or minus 1100th, the silver content may vary from 498 to 502 per 1000. * Weight Remedy: Plus or minus 1500th, the weight could be 34.65 grams to 35.35 grams. Impact Analysis: **Central Government:** * Impact: Responsible for issuing the commemorative coin and ensuring compliance with the Coinage Act, 2011. * Action Required: Authorize the mint to produce the coin according to the specified rules and design. **Mint:** * Impact: Tasked with producing the commemorative coins according to the specified dimensions, composition, design, weight, and remedies. * Action Required: Manufacture the coins as per the rules and specifications. **General Public/Collectors:** * Impact: Opportunity to acquire a commemorative coin celebrating the centennial of the University of Lucknow. * Action Required: Purchase the coin through authorized channels if interested. **University of Lucknow:** * Impact: The centennial celebration is commemorated through the issuance of this coin. * Action Required: No direct action stipulated in the document.

Key Entities Referenced

Coinage Act, 2011: A law that governs coinage in India. Specifically, section 24, subsection 2, clauses d and e are referenced, granting the Central Government certain powers. Central Government: The governing body of India, which is issuing the rules regarding the commemorative coin. University of Lucknow: The university being commemorated with the special coin. Centennial Celebrations of University of Lucknow: The event being celebrated, which is the 100th anniversary of the University of Lucknow. One Hundred Rupees: The denomination of the commemorative coin. New Delhi: The location where the notification was issued. It is the capital of India. Ministry of Finance: The government ministry responsible for the notification regarding the commemorative coin. Department of Economic Affairs: The specific department within the Ministry of Finance that issued the notification.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-19112020-223175 xxxGIDExxx CG-DL-E-19112020-223175 ऄसाधारण EXTRAORDINARY भाग II—खण् ड 3—ईप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 596] नइ ददल्ली, बधु िार, निम्ब र 18, 2020/कार्थतक 27, 1942 No. 596] NEW DELHI, WEDNESDAY, NOVEMBER 18, 2020/KARTIKA 27, 1942 जित्त मत्रं ालय (अर्थथक काय यजिभाग) ऄजधसचू ना नइ ददल्ली, 18 निम्बर, 2020 सा.का.जन. 727 (ऄ).—केन्द्रीय सरकार, जसक्का-जनमायण ऄजधजनयम, 2011 (2011 का 11) की धारा 24 की ईप-धारा (2) के खंड (घ) और खंड (ङ) द्वारा प्रदत्त िज‍ तयों का प्रयोग करते हुए, जनम्न जलजखत जनयम बनाती ह,ै ऄथायत्:- 1. सजं िप्त नाम और प्रारंभ.- (1) आन जनयमों का संजिप्त नाम जसक्का जनमायण (लखनउ जिश्वजिद्यालय के िताब्दी समारोह के ऄिसर पर संस्ट्मारक जसक्का िारी करना) जनयम, 2020 ह।ै (2) ये रािपत्र में प्रकािन की तारीख से प्रभािी होंगे । 2. जसक्के का मल्ू यिगय.- “ लखनउ जिश्वजिद्यालय के िताब्दी समारोह” के ऄिसर पर केन्द् रीय सरकार के प्राजधकार के ऄधीन िारी करने के जलए टकसाल में एक सौ रुपये केिल मूल्यिगय के जसक्के का जनमायण दकया िायेगा। 3. जसक्के का अकार और संरचना.- जनयम 2 में ईजल्लजखत मूल्यिगय के जसक्के, जनम्नजलजखत अकार और संरचना के ऄनुरूप होंगे, ऄथायत:् - 5613 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] जसक्के का मूल्य िगय अकार और बाह्य व् यास दांतेदारों दकनारे की धातु संरचना संख्या (1) (2) (3) (4) चतथु यक जमश्रधात ु एक सौ रुपये िृत्ताकार 200 चााँदी - 50 प्रजतित 44 जमलीमीटर तांबा - 40 प्रजतित जनकल - 05 प्रजतित िस्ट्ता - 05 प्रजतित 4. जडिाआन.- जसक्के का जडिाआन आन जनयमों की पहली ऄनुसूची में जिजनर्ददष्ट दकए ऄनुसार होगा। 5. मानक भार और ऄनज्ञु ात ईपचार.- लखनउ जिश्वजिद्यालय के िताब्दी समारोह के ऄिसर पर ईपयुयक्त मूल्यिर्थगत के जसक्के का मानक भार और ऐसे जसक्के को बनाने में ऄनुज्ञात ईपचार िही होगी िो आन जनयमों की दसू री ऄनुसूची मे जिजनर्ददष्ट की गइ ह।ै पहली ऄनसु चू ी (जनयम 4 दखे )ें एक सौ रुपय े ऄग्र भाग: जसक्के के मुख भाग पर मध्य में ऄिोक स्ट्तम्भ का ससह िीर्य होगा, जिसके नीचे ‘’सत्यमिे ियत’े’ ईत्कीर्थणत होगा, ईसकी बांइ पररजध पर दिे नागरी जलजप में ‘’भारत’’ िब्द और दांइ पररजध पर ऄंग्रेिी में "INDIA" िब्द होगा । ससह िीर्य के नीचे रुपया का प्रतीक ‘’₹” और ऄंतरायष्‍ट रीय ऄंकों में ऄंदकत मूल् य ‘’100’’ भी होगा । जसक्के की पूरी पररजध पर झालर की अकृजत होगी । पृष्ठ भाग जसक्के के आस भाग पर लखनउ जिश्वजिद्यालय के आमारत के दियनी भाग का जचत्र होगा । आस जचत्र ईपर देिनागरी में "िताब्दी ईत्सि" तथा ऄंग्रेिी में “CENTENNIAL CELEBRATION” जलखा होगा। जसक्के के ईपरी पररजध पर क्रमिः दिे नागरी जलजप में "लखनउ जिश्वजिद्यालय" और ऄंग्रेिी में "UNIVERSITY OF LUCKNOW" जलखा होगा । जसक्के की जनचली पररजध पर िर्य “1920-2020” ऄंतरायष्ट्रीय ऄंको में जलखा होगा । जसक्के की पूरी पररजध पर झालर की अकृजत होगी । दसू री ऄनसु चू ी (जनयम 5 दखे ें) मानक ऄनुज्ञात ईपचार जस‍ के का मूल्यिगय ििन धातु संयोिन मानक ििन (1) (2) (3) (4) रित के जलए 1/500 िमा या घटा ऄथायत रित 1/100 िमा या घटा ऄथायत् भार एक सौ रुपये 35 ग्राम का ऄंि प्रजत 1000 में 498 से 502 के बीच 34.65 ग्राम से 35.35 ग्राम तक हो हो सकेगा । सकता ह ै। [फा. सं. 02/11/2020-जसक्का] बी. पुरूर्ाथय, संयु‍त सजचि[भाग II—खण् ड 3(i)] भारत का रािपत्र : ऄसाधारण 3 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th November, 2020 G.S.R. 727 (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 to commemorate on the occasion of Centennial Celebrations of University of Lucknow) Rules, 2020. (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 on the occasion of “Centennial Celebrations of University of Lucknow”. 3. Dimension and composition of coin.- The coin of the above denomination 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) One Hundred Circular 200 Quaternary Alloy Rupees 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 specified in the First Schedule of these rules. 5. Standard weight and remedy allowed.- The standard weight of the coin of above denomination coined to commemorate the occasion of Centennial Celebrations of University of Lucknow and the remedy allowed in making of the coin shall be as specified in the Second Schedule 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 “सत्यमिे ियत”े inscribed below, flanked on the left periphery with the word “भारत” in Devnagri script and on the right periphery with the word “INDIA” in English. It shall also bear the Rupee symbol “₹” and denominational value “100” in international numerals below the Lion Capitol. The skirting design is made on entire periphery for this coin. REVERSE: This face of the coin shall bear the image of University of Lucknow building’s front façade. The inscription “िताब्दी ईत्सि” in Devnagri script and “CENTENNIAL CELEBRATION” in English shall be written above the university building image. The inscription “लखनउ जिश्वजिद्यालय” in Devnagri script and “UNIVERSITY OF LUCKNOW” in English shall be on upper periphery of the coin. A year "1920-2020” in international numerals shall be written at lower periphery of the coin. A skirting design is made on entire periphery for this coin.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] Second Schedule (See rule 5) Remedy Allowed Denomination of Standard In standard coin weight In composition weight (1) (2) (3) (4) One Hundred 1/500th plus or minus for silver, that is 1/100th plus or minus that is to say 35 Grams to say the Silver content may vary weight could be 34.65 grams to 35.35 Rupees from 498 to 502 per 1000. grams. [F. No. 02/11/2020-Coin] B. PURUSHARTHA, Jt. 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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