Home India Ministry of Finance Issue of commemorative coin of Rs.100 on the occasion of cen...
Date: 2022-04-22 Category: Extra Ordinary State: Union Government Country: India

Issue of commemorative coin of Rs.100 on the occasion of centenary year of University of Delhi

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

## Report: Coinage Issue of Commemorative Coin on the Occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI Rules, 2022 **1. Executive Summary:** This report analyzes the "Coinage Issue of commemorative coin on the occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI Rules, 2022," as notified by the Ministry of Finance, Department of Economic Affairs, on April 22, 2022. This is a new policy establishing the rules for issuing a commemorative coin of One Hundred Rupees denomination to celebrate the Centenary Year of the University of Delhi. The policy specifies the coin's denomination, dimensions, composition, design, and standard weight, including the remedy allowed. Key findings include detailed specifications for the coin's physical characteristics and design elements. **2. Introduction:** This report aims to provide a comprehensive overview of the "Coinage Issue of commemorative coin on the occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI Rules, 2022," based solely on the provided policy text. The analysis will focus on the policy's objectives, provisions, and potential impact, offering insights for affected parties. **3. Policy Overview:** * **Core Objective(s):** The primary objective is to authorize and regulate the minting and issuance of a commemorative coin to mark the Centenary Year of the University of Delhi. This includes specifying all relevant aspects of the coin, from its monetary value to its physical design. **4. Background and Rationale:** * This new policy addresses the opportunity to commemorate the Centenary Year of the University of Delhi through a special edition coin. The issuance of commemorative coins serves as a means to celebrate significant events and institutions, fostering national pride and awareness. **5. Key Provisions:** The "Coinage Issue of commemorative coin on the occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI Rules, 2022" establishes the following key provisions: * **Rule 1: Short Title and Commencement:** The rules are titled "Coinage Issue of commemorative coin on the occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI Rules, 2022," and came into effect on the date of publication in the Official Gazette (April 22, 2022). * **Rule 2: Denomination of Coin:** Only the One Hundred Rupees denomination coin will be coined for this commemorative issue. * **Rule 3: Dimension and Composition of Coin:** This rule defines the physical characteristics of the coin: * **Shape:** Circular * **Diameter:** 44 millimeters * **Serrations:** 200 * **Metal Composition:** Quaternary Alloy: Silver (50%), Copper (40%), Nickel (05%), Zinc (05%) * **Rule 4: Design:** The design is specified in the First Schedule: * **Obverse:** Features the Lion Capitol of Ashoka Pillar, the words "भारत" (Bharat) in Devnagri and "INDIA" in English, the Rupee symbol, and the denominational value "100" in international numerals. * **Reverse:** Features the logo of the University of Delhi, the inscription "दिल्ली विश्वविद्यालय शताब्दी वर्ष" in Devnagari script on the upper periphery and "CENTENARY YEAR OF UNIVERSITY OF DELHI" in English on the lower periphery. The year "2022" in international numerals is written below the logo of the University of Delhi. * **Rule 5: Standard Weight and Remedy Allowed:** This rule, detailed in the Second Schedule, specifies: * **Standard Weight:** 35 grams. * **Remedy Allowed:** * **In Composition:** Silver content may vary from 498 to 502 per 1000. * **In Standard Weight:** Weight could be 34.65 grams to 35.35 grams. **6. Target Audience and Stakeholders:** The target audience includes: * **Coin Collectors:** Individuals interested in collecting commemorative coins. * **University of Delhi Community:** Students, alumni, and faculty who may wish to acquire the coin as a memento. * **General Public:** Individuals interested in numismatics and national celebrations. * **Minting Authorities:** The mint responsible for producing the coin according to the specified rules. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Central Government, specifically the Ministry of Finance (Department of Economic Affairs), is responsible for implementing these rules. The mint is responsible for the actual production of the coins. The Joint Secretary of Coin and Currency is also mentioned. * **Timelines or Procedures:** The policy came into effect on April 22, 2022, the date of its publication in the Official Gazette. The policy outlines the specifications for the coins to be minted. **8. Expected Outcomes / Impact of Changes:** The expected outcomes and impact of this new policy include: * Commemorating the Centenary Year of the University of Delhi through a tangible and lasting symbol. * Generating interest in numismatics and Indian history. * Providing a collectible item for those associated with the University of Delhi. * Potential revenue generation for the government through the sale of the commemorative coins. **9. Conclusion:** The "Coinage Issue of commemorative coin on the occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI Rules, 2022" establishes the regulatory framework for minting and issuing a commemorative coin celebrating a significant milestone for a prominent Indian university. The policy details specific design, composition, and weight requirements, ensuring the coin accurately reflects the intended tribute. This initiative serves to promote national pride, preserve historical moments, and engage the public through numismatics.

Key Entities Referenced

NEW DELHI: The city where the notification was issued. Coinage Act, 2011: An act of the Indian Parliament that governs coinage in India. Coinage Issue of commemorative coin on the occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI Rules, 2022: The name of the rules being established by the notification. Mint: The facility where the coins will be coined under the authority of the Central Government. University of Delhi: The university whose centenary year is being commemorated with the coin issue. Lion Capitol of Ashoka Pillar: A sculpture of four lions standing back to back, mounted on an abacus, which is part of the obverse design of the coin. INDIA: The name of the country, which is part of the obverse design of the coin. MANISHA SINHA: Jt. Secy. Coin and Currency Government of India Press, Ring Road, Mayapuri, New Delhi110064: Location of printing Controller of Publications, Delhi110054: Publisher of the document
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx ससीी..जजीी..--डडीी..एएललxx..x--GअअID..--E22x22xx00 4422002222--223355332200 CCGG--DDLL--EE--2222004422002222--223355332200 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 297] नई ददल्ली, िक्रु िार, अप्रलै 22, 2022/ििै ाख 2, 1944 No. 297] NEW DELHI, FRIDAY, APRIL 22, 2022/VAISAKHA 2, 1944 जित्त मत्रं ालय (आर्थथक काय यजिभाग) अजधसचू ना नई ददल्ली, 22 अप्रैल, 2022 सा.का.जन. 311(अ).—केन्द्रीय सरकार, जसक्का-जनमायण अजधजनयम, 2011 (2011 का 11) की धारा 24 की उपधारा (2) के खंड (घ) और खंड (ङ) द्वारा प्रदत्त िजियों का प्रयोग करते हुए, जनम्नजलजखत जनयम बनाती ह,ै अथायत्:- 1. संजिप्त नाम और प्रारम्भ.- (1) इन जनयमों का संजिप्त नाम जसक्का-जनमाणय (ददल्ली जिश्वजिद्यालय का िताब्दी िर्य के अिसर पर स्ट्मारक जसक्का िारी करना) जनयम, 2022 है। (2) ये रािपत्र में उनके प्रकािन की तारीख को प्रिृत्त होंगे। 2. जसक्के का मल्ू यिग.य- “ददल्ली जिश्वजिद्यालय का िताब्दी िर्"य के अिसर पर केंरीय सरकार के प्राजधकार के अधीन िारी करने के जलए टकसाल में केिल एक सौ रुपये मूल्य िग यका जसक्का ढाला िाएगा । 3. जसक्के की जिमा और सरं चना.- जनयम 2 में उजल्लजखत उपरोि मूल्य िग यके जसक्के, जनम्नजलजखत जिमाओं और संरचना के अनुरूप होंगे, अथायत् :- जसक्के का मूल्य िगय आकार और बा ह्य व्यास दांतेदार दकनारों की संख्या धातु संरचना (1) (2) (3) (4) एक सौ रुपये िृत्ताकार 200 चतथु कय जमश्र धात ु 44 जमलीमीटर चांदी - 50 प्रजतित तांबा - 40 प्रजतित जनदकल - 05 प्रजतित िस्ट्ता - 05 प्रजतित 2843 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] 4. जडज़ाइन.- जसक्के का जडज़ाइन इन जनयमों की पहली अनुसूची में यथा जिजनर्ददष्ट होगा। 5. मानक ििन और अनज्ञु ात उपचार .- ददल्ली जिश्वजिद्यालय का िताब्दी िर्य के अिसर पर स्ट्मरणोत्सि मनाने के जलए उपरोि मूल्यिग यके ढाले गए जसक्के का मानक ििन और ऐसे जसक्के को बनाने में अनुज्ञात उपचार िह होगा िो इन जनयमों की दसू री अनुसूची म ें यथा जिजनर्ददष्ट ह।ै प्रथम अनसु चू ी (जनयम 4 दखे )ें एक सौ रुपय े अग्र भाग: जसक्के के मुख भाग पर मध्य में अिोक स्ट्तम्भ का ससह स्ट्तम्भ िीर्य होगा, जिसके नीचे “सत्यमिे ियत”े लेख उत्कीर्थणत होगा, उसकी बाईं पररजध पर दिे नागरी जलजप में “भारत” िब्द और दाईं पररजध पर अंग्रेिी में “INDIA” िब्द होगा। ससह स्ट्तम्भ िीर्य के नीचे रुपये का प्रतीक “₹” और अंतरायष्ट्रीय अंकों में अंदकत मूल्य “100” भी होगा । पष्टृ भाग: जसक्के के इस भाग के मध्य में ददल्ली जिश्वजिद्यालय का प्रतीक जचन्द्ह होगा। जसक्के की उपरी पररजध पर देिनागरी जलजप में “ददल्ली जिश्वजिद्यालय का िताब्दी िर्”य जलखा होगा। जसक्के की जनचली पररजध पर अंग्रेिी में “CENTENARY YEAR OF UNIVERSITY OF DELHI” िर्थणत होगा। ददल्ली जिश्वजिद्यालय के प्रतीक जचन्द्ह के नीचे अन्द्तराष्ट्रीय अंको में िर्य “2022” जलखा होगा । दसू री अनसु चू ी (जनयम 5 दखे )ें अनुज्ञात उपचार जसक्के का मूल्यिगय मानक ििन संयोिन म ें मानक ििन में (1) (2) (3) (4) एक सौ रुपये 53 ग्राम चांदी के जलए 1/500िां जहस्ट्सा िमा या घटा 1/100िां जहस्ट्सा िमा या घटा अथायत ् अथायत् चांदी का अंि प्रजत 1000 में 498 स े ििन 34.65 ग्राम से 35.35 ग्राम तक 502 के बीच हो सकेगा । हो सकता ह।ै [जम. सं. 02/03/2022- जसक्का] मनीर्ा जसन्द्हा, संयुि सजचि (जसक्का एि ंमुरा) MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi, the 22nd April, 2022 G.S.R. 311(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 YEAR OF UNIVERSITY OF DELHI) Rules, 2022. (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 “CENTENARY YEAR OF UNIVERSITY OF DELHI”. 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: -[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 Denomination of coin Shape and outside diameter Number of serrations Metal composition (1) (2) (3) (4) Quaternary Alloy Circular Silver - 50 per cent. One Hundred Rupees 44 millimeter 200 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 of these rules. 5. Standard weight and remedy allowed.- The standard weight of the coin of above denomination coined to commemorate the occasion of CENTENARY YEAR OF UNIVERSITY OF DELHI 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) 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 the international numerals below the Lion Capitol. REVERSE: This face of coin shall bear the logo of the University of Delhi in the centre of the coin. The inscription “ददल्ली जिश्वजिद्यालय का िताब्दी िर्"य shall be written in Devnagari script on the upper periphery and the inscription “CENTENARY YEAR OF UNIVERSITY OF DELHI” in English is depicted on the lower periphery of the coin. The year “2022” in international numeral shall be written below the logo of the University of Delhi. Second Schedule (See Rule 5) Denomination of Remedy allowed Standard weight coin In composition In standard weight (1) (2) (3) (4) 1/500th plus or minus for Silver, 1/100th plus or minus, that is One Hundred 35 Grams that is to say the Silver content may to say weight could be 34.65 Rupees vary from 498 to 502 per 1000. grams to 35.35 grams. [F.No.02/03/2022-Coin] MANISHA SINHA, Jt. Secy. (Coin and Currency) 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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