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Date: 15-Mar-2023 Category: Extra Ordinary State: Union Government Country: India

Issue of Commemorative Coin on International Year of Millets, 2023

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

What it means

  • The Gazette notification announces the Coinage (Issue of commemorative coin on the occasion of INTERNATIONAL YEAR OF MILLETS 2023) Rules, 2023.
  • It specifies the issuance of a Seventy-Five Rupees coin to commemorate the International Year of Millets 2023.
  • The notification details the coin's denomination, dimensions, composition, design, standard weight, and permissible variations.

Key Changes

  • A new coin of Seventy-Five Rupees denomination will be issued.
  • The coin will be circular with a 44-millimeter diameter and 200 serrations.
  • The coin's composition is Quaternary Alloy: 50% Silver, 40% Copper, 5% Nickel, and 5% Zinc.
  • The coin's obverse side will feature the Lion Capitol of the Ashoka Pillar, the inscription “सत्यमेव जयते”, the word “भारत” in Devnagri script, the word “INDIA” in English, the Rupee symbol “₹”, and the denominational value “75”.
  • The coin's reverse side will feature the logo of the International Year of Millets 2023, the inscription “अंतर्राष्ट्रीय श्री अन्न वर्ष” in Devnagari script, a design symbolizing a chain of millets, and the year “2023”.
  • The standard weight of the coin is 35 grams.
  • The permissible variation in silver composition is 498 to 502 per 1000.
  • The permissible variation in standard weight is 34.65 grams to 35.35 grams.

Impact Analysis

General Public

  • No significant financial impact as the coin is primarily for commemorative purposes.

Mint

  • Quality control measures to ensure the standard weight and permissible variations are maintained.

Government

  • Positive public image for promoting millets.

Agriculture Sector

  • Potential for increased demand for millets.

Action Items

  • Awareness campaigns to educate the public about the coin's features and significance.

Key Entities Referenced

Central Government: The authority issuing the notification and responsible for authorizing the minting of the commemorative coin. Coinage Act, 2011: The legal framework under which the notification is issued, specifically referencing Section 24(2)(d) and (e). Mint: The entity responsible for the actual coining of the Seventy-Five Rupees coin. International Year of Millets 2023: The event being commemorated by the issuance of the coin.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एलxx.x-GअID.-E1x5xx0 32023-244409 CG-DL-E-15032023-244409 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 150] नई ददल्ली, बुधिार, माच य15, 2023/फाल्ग नु 24, 1944 No. 150] NEW DELHI, WEDNESDAY, MARCH 15, 2023/PHALGUNA 24, 1944 जित्त मत्रं ालय (आर्थथक काय यजिभाग) अजधसचू ना नई ददल्ली, 15 माचय, 2023 सा.का.जन. 189(अ).—केन्द्रीय सरकार, जसक्क ा-जनमायण अजधजनयम, 2011 (2011 का 11) की धारा 24 की उपधारा (2) के खंड (घ) और खंड (ङ) द्वारा प्रदत्त िजियों का प्रयोग करत े हुए, जनम्नजलजखत जनयम बनाती ह,ै अथायत्:- 1. सजं िप्त नाम और प्रारम्भ.-(1) इन जनयमों का संजिप्त नाम जसक्क ा-जनमायण (अंतरायष्ट्रीय श्री अन्न िर्य 2023 के अिसर पर स्ट्मारक जसक्क ा िारी करना) जनयम, 2023 ह।ै (2) य े रािपत्र म ें उनके प्रकािन की तारीख को प्रिृत्त होंगे। 2. जसक्क े का मल्ू यिग.य- “अंतराष्ट्रय ीय श्री अन्न िर्य 2023 " के अिसर पर केंरीय सरकार के प्राजधकार के अधीन िारी करन े के जलए केिल पचहत्तर रुपय ेमूल्य िगय का जसक्क ा टकसाल म ें ढाला िाएगा । 3. जसक्क े की जिमा और सघं टन-जनयम 2 म ें उजल्लजखत उपरोि मूल्य िगय का जसक्क ा, जनम्नजलजखत जिमाओं और सरं चना के अनुरूप होगा, अथायत ् :- 1732 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] जसक्क े का मूल्य िग य आकार और बा ह्य व्यास दांतेदार दकनारों की संख्या धात ु संयोिन (1) (2) (3) (4) चतथु कय जमश्र धात ु चांदी 50 - प्रजतित िृत्ताकार पचहत्तर रुपय े 200 तांबा 40 - प्रजतित 44 जमलीमीटर जनदकल 05 - प्रजतित िस्ट्ता 05 - प्रजतित 4. जडज़ाइन.- जसक्क े का जडज़ाइन िह होगा िो इन जनयमों की पहली अनुसूची म ेंयथा जिजनर्ददष्ट ह।ै 5. मानक ििन और अनज्ञु ात उपचार .- अंतराष्ट्रय ीय श्री अन्न िर्य 2023 के अिसर पर स्ट्मरणोत्सि मनाने के जलए उपरोि मूल्यिग य के ढाल े गए जसक्क े का मानक ििन और ऐसे जसक्क े को बनान े म ें अनज्ञु ात उपचार िह होगा िो इन जनयमों की दसू री अनुसूची म ें यथा जिजनर्ददष्ट ह।ै पहली अनसु चू ी (जनयम 4 देख)ें पचहत्तर रुपय े अग्र भाग: जसक्क े के अग्र भाग पर मध्य म ें अिोक स्ट्तम्भ का ससह स्ट्तम्भ िीर्य होगा, जिसके नीच े “सत्यमिे ियत”े लेख उत्कीर्थणत होगा, उसकी बाईं पररजध पर देिनागरी जलजप म ें “भारत” िब्द और दाईं पररजध पर अग्रं ेिी म ें “INDIA” िब्द होगा। ससह स्ट्तम्भ िीर्य के नीच ेरुपय ेका प्रतीक “ ₹ ” और अंतराष्ट्रय ीय अंकों म ेंअंदकत मूल्य “75” भी होगा । पष्ठृ भाग: जसक्क े के इस भाग के मध्य म ें अंतरराष्ट्रीय श्री अन्न िर् य 2023 का प्रतीक जचन्द्ह का जचत्र होगा । जसक्क े की उपरी पररजध पर देिनागरी जलजप म ें “अतं राष्ट्रय ीय श्री अन्न िर् य 2023” जलखा होगा। जसक्क े की जनचली पररजध पर जमलेट अनाि की िृंखला का प्रजतकात्मक जचत्र उत्कीर्थणत होगा। अंतरायष्ट्रीय श्री अन्न िर् य 2023 के प्रतीक जचन्द्ह के ठीक नीच े अंतराष्ट्रय ीय अंको म ें िर् य “2023” जलखा होगा । दसू री अनसु चू ी (जनयम 5 देख)ें अनुज्ञात उपचार जसक्क े का मूल्य िग य मानक ििन संयोिन म ें मानक ििन म ें (1) (2) (3) (4) चांदी के जलए 1/500िां जहस्ट्सा की िृजि 1/100िां जहस्ट्सा की िृजि या या कमी अथायत ्चांदी का अंि प्रजत पचहत्तर रुपय े 53ग्राम कमी अथायत ्ििन 34.65 ग्राम स े 1000 म ें 498 से 502 के बीच हो 35.35 ग्राम तक हो सकता ह।ै सकेगा। [फा. स.ं 02/07/2023- जसक्क ा] अपणाय भारटया, सलाहकार[भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 MINISTRY OF FINANCE (Department of Economics Affairs) NOTIFICATION New Delhi, the 15th March, 2023 G.S.R. 189(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 INTERNATIONAL YEAR OF MILLETS 2023) Rules, 2023. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Denomination of coin.-The coin of Seventy Five Rupees denomination shall only be coined at the Mint for issue under the authority of the Central Government on the occasion of “INTERNATIONAL YEAR OF MILLETS 2023”. 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 Number of Shape and outside diameter Metal composition of the coin serrations (1) (2) (3) (4) Quaternary Alloy Circular Silver - 50 per cent. Seventy Five 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 INTERNATIONAL YEAR OF MILLETS 2023 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) SEVENTY FIVE 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 Devnagri script and on the right periphery with the word “INDIA” in English. It shall also bear the Rupee symbol “₹” and denominational value “75” in the international numerals below the Lion Capitol. REVERSE: This face of coin shall bear the image of logo of International year of Millets 2023 in the centre of the coin. The inscription “अंतरााष्ट्रीय श्री अन्न वर्ा” in devnagari script shall be written on the upper periphery. The design symbolizing chain of millets is depicted on the lower periphery of the coin. The year “2023” in international numeral shall be written below the image of logo of International year of Millets 2023.4 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, that is 1/100th plus or minus, that is Seventy Five 35 Grams to say, the Silver content may vary from to say, the weight could be Rupees 498 to 502 per 1000. 34.65 grams to 35.35 grams. [F. No. 02/07/2023-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.

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