Indian Govt Launches Rs 75 Coin: How To Buy? What Will Be The Price?


Rohit Kulkarni

Rohit Kulkarni

May 30, 2023


The Ministry of Finance announced that a special ₹ 75 coin will be introduced to commemorate the inauguration of the new parliament building. This coin aims to pay tribute to India’s 75 years of independence and will be unveiled by Prime Minister Narendra Modi on Sunday.

Indian Govt Launches Rs 75 Coin: How To Buy? What Will Be The Price?

Special ₹ 75 coin

One side of the coin will feature the Lion Capital of the Ashoka Pillar, with the inscription “Satyamev Jayate” below it. The word “Bharat” will be written in Devanagari script on the left side, while “India” will be written in English on the right. The coin will also include the rupee symbol and the denomination value of 75 in international numerals beneath the Lion Capital. On the other side of the coin, an image of the parliament complex will be displayed. The upper periphery will bear the words “Sansad Sankul” in Devanagari script, and “Parliament Complex” will be written in English on the lower periphery.

The coin will have a circular shape with a diameter of 44 millimeters and will feature 200 serrations along its edges. It will weigh 35 grams and be made of a four-part alloy consisting of 50% silver, 40% copper, 5% nickel, and 5% zinc.

New Parliament Building Inauguration

The new parliament building was inaugurated by PM Modi on Sunday. While 25 parties are expected to attend the ceremony, around 20 opposition parties have decided to boycott the event. 

The Congress, Aam Aadmi Party, Left, Trinamool, Samajwadi Party, and others have expressed their disapproval of the new building’s inauguration, stating that it holds no significance when the “soul of democracy has been sucked out.” They believe that President Droupadi Murmu should have inaugurated the building instead of PM Modi.

In response and to their defence, the BJP-led National Democratic Alliance (NDA) strongly criticized the opposition’s decision to boycott the inauguration, considering it a direct insult to the democratic values and constitutional principles of the nation.

How To Buy?

You can buy this coin at https://www.indiagovtmint.in/, using debit or credit card or demand drafts. Although the exact price has not been listed yet, but as per a Moneycontrol report, Yogesh Singhal, president of the Bullion Jewellers Association, informed that this coin can be priced around Rs 1300. Please note that this is a special commemorative coin, which can’t be used for transactions. More than 150 such commemorative coins have been launched since 1964.

More details are awaited.


Rohit Kulkarni
Rohit Kulkarni
  • 1114 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online