Home India Ministry of Finance Issue of Commemorative Coin of denomination of Rs. 50 on the...
Date: 2025-04-22 Category: Extra Ordinary State: Union Government Country: India

Issue of Commemorative Coin of denomination of Rs. 50 on the occasion of Golden Jubilee of New Mangalore Port Authority.

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

## Report on the Coinage Issue of Commemorative Coin on the occasion of Golden Jubilee of New Mangalore Port Authority Rules, 2025 **1. Executive Summary:** This report analyzes the “Coinage Issue of Commemorative Coin on the occasion of Golden Jubilee of New Mangalore Port Authority Rules, 2025,” a new policy established by the Central Government. The core purpose is to authorize the minting and issuance of a fifty-rupee commemorative coin to mark the Golden Jubilee of the New Mangalore Port Authority. Key findings include specifications for the coin's denomination, dimensions, composition, design, standard weight, and permissible remedies. This policy directly impacts the minting industry and potentially coin collectors. **2. Introduction:** This report aims to provide a comprehensive overview of the "Coinage Issue of Commemorative Coin on the occasion of Golden Jubilee of New Mangalore Port Authority Rules, 2025," based solely on the provided policy text published in the Gazette of India. The analysis will focus on the key provisions, potential impacts, and inferred implementation aspects of this new policy. **3. Policy Overview:** * This is a **New Policy**. * **Core Objective(s):** The core objective of this policy, as stated in the text, is to authorize the minting and issue of a commemorative coin to celebrate the Golden Jubilee of the New Mangalore Port Authority. **4. Background and Rationale:** * **(New Policy):** Inferred from the text, the rationale for this policy is to commemorate the 50th anniversary (Golden Jubilee) of the New Mangalore Port Authority. The issuance of a commemorative coin serves as a formal recognition of the port authority's significance and contributions. It also likely aims to raise awareness of the port authority and potentially generate revenue through coin collecting. **5. Key Provisions / Changes:** * **(New Policy):** The policy establishes the following key provisions: * **Short Title and Commencement:** The rules are named "Coinage Issue of Commemorative Coin on the occasion of Golden Jubilee of New Mangalore Port Authority Rules, 2025" and will take effect upon publication in the Official Gazette. * **Denomination of Coin:** A fifty-rupee coin will be minted for this occasion. * **Dimension and Composition of Coin:** The coin will be circular, 44mm in diameter, with 200 serrations. The metal composition is a quaternary alloy: 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc. * **Design:** The obverse will feature the Lion Capitol of Ashoka Pillar, the word "Bharat" in Devnagari script, the word "INDIA" in English, the Rupee symbol, and the denominational value "50" in international numerals. The reverse will display the New Mangalore Port Authority logo, with the years '1975' and '2025' inscribed on either side. The upper periphery will be inscribed in Devanagari script, and the bottom periphery will read "GOLDEN JUBILEE OF NEW MANGALORE PORT AUTHORITY" in English. * **Standard Weight and Remedy Allowed:** The standard weight of the coin is 35 grams, with specified tolerances for variations in both the overall weight and the silver content. The silver content may vary from 498 to 502 per 1000 (meaning 49.8% to 50.2%), and the overall weight could vary from 34.65 grams to 35.35 grams. **6. Target Audience and Stakeholders:** Based on the text, the direct target audience and stakeholders include: * **The Mint:** Responsible for producing the commemorative coins according to the specified standards. * **New Mangalore Port Authority:** The subject of the commemoration. * **Coin Collectors:** Likely to be interested in acquiring the commemorative coin. * **Department of Economic Affairs:** The Ministry of Finance's Department ultimately responsible for implementing the rules **7. Implementation Aspects (Inferred):** * **Responsible agency/bodies:** The Central Government (Ministry of Finance, Department of Economic Affairs) is responsible for enacting these rules. The Mint is responsible for the physical production of the coins. * **Timelines or procedures specified:** The policy comes into force on the date of its publication in the Official Gazette. No specific timelines for minting or distribution are mentioned. * The uploaded notice references the Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi, as well as the Controller of Publications, Delhi. It is likely that these entities will be involved with the actual printing and publication of the commemorative coin itself. **8. Expected Outcomes / Impact of Changes:** * **(New Policy):** The expected outcomes include: * Formal commemoration of the Golden Jubilee of the New Mangalore Port Authority. * Increased public awareness of the New Mangalore Port Authority. * Potential revenue generation through the sale of commemorative coins to collectors. * Adherence to the specified standards for the coin's production, ensuring quality and consistency. **9. Conclusion:** The "Coinage Issue of Commemorative Coin on the occasion of Golden Jubilee of New Mangalore Port Authority Rules, 2025" establishes the framework for minting and issuing a commemorative coin to celebrate the 50th anniversary of the New Mangalore Port Authority. The policy outlines specific requirements for the coin's denomination, composition, design, weight, and permissible variations. This initiative serves as a symbolic recognition of the port authority's contributions and may generate interest among coin collectors and the general public. The policy's significance lies in its formal recognition of a key institution and its potential to promote awareness of its role in the nation's economy.

Key Entities Referenced

Coinage Act, 2011: Act that confers powers to the Central Government related to coinage. section 24: Section of the Coinage Act, 2011 that confers powers to the Central Government related to coinage. Coinage Issue of Commemorative Coin on the occasion of Golden Jubilee of New Mangalore Port Authority Rules, 2025: Rules for the issuance of a commemorative coin. Fifty Rupees: Denomination of the commemorative coin to be issued. Mint: The place where the coin of Fifty Rupees denomination shall be coined. Central Government: Authority issuing the commemorative coin. Ministry of Finance: Government organization issuing the notification. Department of Economic Affairs: Department within the Ministry of Finance. New Delhi: Location where the notification was issued. G.S.R. 249E: Notification number. Golden Jubilee of New Mangalore Port Authority: The event being commemorated by the coin. New Mangalore Port Authority: Organization celebrating its Golden Jubilee INDIA: Country name to be inscribed on the coin
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-22042025-262605 CG-DxLx-xEG-I2D2H0x4x2x0 25-262605 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 210] िई दिल्ली, मगं लिार, अप्रलै 22, 2025/ििै ाख 2, 1947 No. 210] NEW DELHI, TUESDAY, APRIL 22, 2025/VAISAKHA 2, 1947 जित्त मत्रं ालय (आर्थकि काय ि जिभाग) अधिसचू ना नई दिल्ली, 21 अप्रलै , 2025 सा.का.जि. 249(अ).— केन्द्रीय सरकार, जसक्क ा जिमािण अजधजियम, 2011 (2011 का 11) की धारा 24 की उपधारा (2) के खंड (घ) और खंड (ड.) द्वारा प्रित्त िजियों का प्रयोग करत े हुए, जिम्नजलजखत जियम बिाती ह,ै अथाित्:- 1. सजं िप्त िाम और प्रारम्भ.- (1) इि जियमों का संजिप्त िाम जसक्क ा जिमािण िि मगं लरू पत्ति प्राजधकरण की स्ट्िणि ियतं ी के अिसर पर स्ट्मारक जसक्क ा िारी करिा जियम, 2025 ह।ै (2) य ेरािपत्र में इिके प्रकािि की तारीख को प्रिृत्त होंगे। 2. जसक्क े का मल्ू यिग.ि- िि मगं लरू पत्ति प्राजधकरण की स्ट्िणि ियतं ी के अिसर पर केंरीय सरकार के प्राजधकार के अधीि िारी करि े के जलए टकसाल म ेंकेिल पचास रुपये मल्ू य िगि का जसक्क ा ढाला िाएगा । 3. जसक्क े की जिमाएं और सरं चिा.- जियम 2 म ेंउजल्लजखत मल्ू य िगि के जसक्क े, जिम्नजलजखत जिमाओं और संरचिा के अिुरूप होंगे, अथाित:् - 2668 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] जसक्क े का मूल्य िग ि आकार और बाह्य व्यास िांतेिार दकिारे की संख्या धातु संयोिि (1) (2) (3) (4) पचास रुपय े िृत्ताकार 200 चतथु कि जमश्र धात ु 44 जमलीमीटर चााँिी- 50 %. तांबा - 40 % जिदकल - 05 % िस्ट्ता - 05 % 4. जडज़ाइि.– जसक्क े का जडज़ाइि िह होगा िो इि जियमों की पहली अिुसूची म ेंयथा जिजिर्ििष्ट ह।ै 5. मािक ििि और अिज्ञु ात उपचार.- िि मंगलूर पत्ति प्राजधकरण की स्ट्िण ि ियंती के अिसर पर जियम 2 म ें जिर्ििष्ट मूल्यिग ि के ढाल े गए जसक्क े का मािक ििि और ऐस े जसक्क े को बिाि े म ें अिुज्ञात उपचार िह होगा िो इि जियमों की िसू री अिुसूची म ेंयथा जिजिर्ििष्ट ह।ै पहली अिसु चू ी (जियम 4 िेख)ें पचास रुपय े अग्र भाग: जसक्क े के इस भाग पर मध्य म ेंअिोक स्ट्तम्भ का ससंह स्ट्तम्भ िीर्ि होगा, जिसके िीचे “सत्यमिे ियत”े लेख उत्कीर्णित होगा, उसकी बाईं पररजध पर िेििागरी जलजप में “भारत” िब्ि और िाईं पररजध पर अंग्रेिी में “INDIA” िब्ि होगा। ससंह स्ट्तम्भ िीर्ि के िीच ेरुपय ेका प्रतीक “₹`” और अंतराष्ट्रि ीय अंकों म ेंअंदकत मूल्य “50” भी होगा । पष्टृ भाग: जसक्क े के इस भाग पर मध्य में िि मगं लरू पत्ति प्राजधकरण का प्रतीक जचन्द्ह होगा। िि मगं लरू पत्ति प्राजधकरण का प्रतीक जचन्द्ह के अंिर अंतराष्ट्रि ीय अंकों में बाएं तरफ '1975' और िाए ं तरफ '2025' उत्कीणि होगा। जसक्क े की ऊपरी पररजध पर िेििागरी जलजप म ें“िि मगं लरू पत्ति प्राजधकरण की स्ट्िण िियतं ी” तथा जिचली पररजध पर अग्रं िे ी में “GOLDEN JUBILEE OF NEW MANGALORE PORT AUTHORITY” उत्कीणि होगा। िसू री अिसु चू ी (जियम 5 िेख)ें अिुज्ञात उपचार जसक्क े का मूल्यिग ि मािक ििि संयोिि म ें मािक ििि म ें ) 1( ) 2( ) 3( ) 4( चांिी के जलए 1/500िां जहस्ट्सा की िमा या 1/100िां जहस्ट्सा िमा या घटा पचास रुपय े 35 ग्राम घटा अथाित ्चांिी का अंि प्रजत 1000 म ें498 अथाित् ििि 34.65 ग्राम स े स े 502 के बीच हो सकेगा। 35.35 ग्राम तक हो सकता ह।ै [फा. स.ं 02 /31/2024-जसक्क ा] अपणाि भारटया, सलाहकार[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 21st April, 2025 G.S.R. 249(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 Golden Jubilee of New Mangalore Port Authority) Rules, 2025. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Denomination of coin.- The coin of Fifty Rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of Golden Jubilee of New Mangalore Port Authority. 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) Quaternary Alloy Silver - 50 % Circular Fifty Rupees 200 Copper - 40 % 44 millimeter Nickel - 05 % Zinc - 05 % 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 Golden Jubilee of New Mangalore Port Authority and the remedy allowed in making of such coin shall be as specified in the Second Schedule annexed to these rules. FIRST SCHEDULE (See rule 4) FIFTY 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 Devnagari script and on the right periphery with the word “INDIA” in English. It shall also bear the Rupee symbol “₹” and denominational value “50” in the international numerals below the Lion Capitol. REVERSE: This face of the coin shall bear the Logo of New Mangalore Port Authority in the center of the coin. Inside the Logo of New Mangalore Port Authority, the year '1975' shall be inscribed on the left side and the year ‘2025’ shall be inscribed on the right side. On the upper periphery of the coin, the inscription “िि मंगलूर पत्ति प्राजधकरण की स्ट्िण िियतं ी” shall be written in Devanagari script, and “GOLDEN JUBILEE OF NEW MANGALORE PORT AUTHORITY” in English shall be inscribed on the bottom periphery of the coin.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] SECOND SCHEDULE (See rule 5) Denomination of Remedy allowed Standard weight the coin In composition In standard weight (1) (2) (3) (4) 1/500th plus or minus for Silver, 1/100th plus or minus, that is to that is to say, the Silver content say, the weight could vary from Fifty Rupees 35 Grams may vary from 498 to 502 per 34.65 grams to 35.35 grams. 1000. [F. No. 02/31/2024-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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