Saturday, July 09, 2011: Finance Minister Pranab Mukherjee on Friday released a set of coins and notes having the rupee symbol in New Delhi. The coins having the symbol will be in denomination of 50 paisa, Re 1, Rs 2, Rs 5 and Rs 10. The coins will be either of gold or silver colour. But the Rs 10 coin will be the combination of both the colours.
The Reserve Bank of India has decided to release 80 million coins with the symbol every month. Most of them will be of value 50 paisa and Rs 10.
The Indian rupee obtained its mark from the combination of Devanagri letter ‘Ra’ and Roman letter ‘R’. Indian currency has finally joined the league of international currency like US dollar, UK pound and Japanese yen.
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But...
Delhi High court allows RTI activist Mr. Rakesh Kumar Singh to file PIL against “Indian Rupee symbol selection process”.
Mr. Rakesh Kumar Singh had submitted a LPA petition in the Delhi High Court challenging Delhi HC earlier judgment in which court had refused to entertain his petition challenging selection process of New Indian Rupee Symbol.
After hearing the LPA, Hon'ble Chief Justice and Hon'ble Mr. Justice Sanjiv Khanna of Delhi High Court in their judgment said “We learned senior counsel appearing for the appellant submitted that he may be permitted to withdraw the appeal as he really does not have the grievance solely because the symbol has not been accepted but he intends to challenge the procedural aspects which are adopted by the Union of India at various levels relating to such kind of works which affect various provisions of the Official Languages Act and many other provisions of various statutes as well as Article 14 of the Constitution of India.
If we understand the submission of Mr. Sawhney in a proper perspective, he wants to file a petition in the larger public interest.
In view of the aforesaid, we are inclined to permit the withdrawal of the appeal with liberty to file a Public Interest Litigation with the appropriate pleadings and data which are necessary to sustain a Public Interest Litigation.” Order: LPA 310/2011
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News sours..
http://www.saveindianrupeesymbol.org/
and
http://en.wikipedia.org/wiki/Indian_rupee_sign
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