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Centre to Mint ₹75 Coin to Mark New Parliament Launch

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Centre to Mint ₹75 Coin to Mark New Parliament Launch
26 May 2023
5 min read

News Synopsis

The Union finance ministry has revealed its plans to mint a special ₹75 coin in celebration of the inauguration of the new Parliament building. This commemorative coin will be a unique token to mark this momentous occasion in the history of India's parliamentary system.

The Design of the New ₹75 Coin

The newly minted ₹75 coin will be circular in shape, with a diameter of 44 millimeters and 200 serrations along the edges. Its metallic composition will consist of a quaternary alloy made up of 50% silver, 40% copper, 5% nickel, and 5% zinc, giving it a distinctive appearance.

Obverse Side Design

The obverse side of the coin will feature the iconic Lion Capitol of Ashoka Pillar, a symbol of India's rich cultural heritage. Situated at the center of the coin, this emblem will be accompanied by the inscription 'Satyamev Jayate,' reflecting the nation's commitment to truth and righteousness.

To depict the coin's national identity, the left periphery will bear the word "Bharat" in Devanagari script, representing the country's name in Hindi. Simultaneously, the term "India" will be inscribed in English, signifying its global recognition.

Reverse Side Design

The reverse side of the coin will showcase the grandeur of the new Parliament building. The upper periphery will display the inscription "Sansad Bhavan" in Devanagari script, emphasizing its significance in the country's governance. At the lower periphery, the words "Parliament Complex" will be featured in English, reinforcing the purpose of this remarkable architectural marvel.

New Parliament  Inauguration and Launch Details

The inauguration ceremony for the new Parliament building is scheduled to take place on May 28. Honorable Prime Minister Narendra Modi will have the honor of officially launching this splendid structure, signifying a new era in India's parliamentary history.

Honoring Tradition and Constitutional Guidelines

The design and specifications of the ₹75 coin have been meticulously crafted in accordance with the guidelines specified in the First Schedule of the Constitution. This ensures that the coin represents the ideals and values enshrined in the nation's foundational document.

As the nation eagerly awaits the inauguration of the new Parliament building, the introduction of the ₹75 coin serves as a fitting tribute to this significant milestone, immortalizing the occasion for generations to come.

The new Parliament building is a symbol of India's democracy and its commitment to progress. The building will provide a modern and efficient space for the members of Parliament to carry out their work. The building will also be a symbol of India's growing stature in the world.

ThinkWithNiche News' conclusion

The announcement of minting a special ₹75 coin to mark the inauguration of the new Parliament building reflects the importance and significance of this historic event in India's parliamentary system. The meticulously designed coin, with its unique composition and symbolic elements, pays homage to the country's cultural heritage and democratic values.

The obverse side of the coin features the Lion Capitol of Ashoka Pillar, representing India's rich history and commitment to truth. The reverse side showcases the grandeur of the new Parliament building, emphasizing its role in shaping the nation's governance.

The upcoming inauguration ceremony, to be led by Prime Minister Narendra Modi, will officially launch the new Parliament building and herald a new era in India's parliamentary history. The event holds great importance as it signifies India's progress, growth, and commitment to democratic principles.

By adhering to constitutional guidelines, the design and specifications of the ₹75 coin uphold the ideals enshrined in the nation's foundational document. This commemorative coin serves as a lasting tribute to the momentous occasion and will be cherished by generations to come.

The new Parliament building stands as a testament to India's vibrant democracy and its rising global stature. It will provide a modern and efficient space for lawmakers to carry out their crucial work, contributing to the nation's progress and development.

As the nation eagerly anticipates the inauguration of the new Parliament building, the introduction of the ₹75 coin adds a sense of pride and reverence to this significant milestone. It is a fitting tribute to India's democratic spirit and the continued march towards a brighter future.

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