Rs 75 coin

Delhi, May 28: In a momentous event marking the inauguration of India’s new Parliament building, a special Rs 75 coin was launched on Sunday. The significance of this occasion is heightened by the nation’s simultaneous celebration of its 75th year of independence.

The unveiling ceremony also included the launch of a special stamp, adding to the commemorative nature of the event. Prime Minister Narendra Modi, earlier today, dedicated the new Parliament building to the nation. As part of the ceremony, he installed the historic ‘Sengol’ in the Lok Sabha chamber. This artifact symbolizes the transfer of power from the British to the Indian people in 1947.

The obverse face of the coin features the iconic Lion Capital of Ashoka Pillar at its center, with the inscription ‘Satyamev Jayate’ below. On the left periphery, the word ‘Bharat’ is inscribed in Devnagri script, while ‘INDIA’ is written in English on the right periphery.

The reverse face showcases an image of the magnificent Parliament Complex. The upper periphery bears the inscription ‘Sansi Sankul’ in Devnagari script, while ‘PARLIAMENT COMPLEX’ is written in English on the lower periphery. Beneath the image of the Parliament Complex, the year ‘2023’ is displayed in International numeral format.

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The coin has a circular shape with a diameter of 44 mm and weighs approximately 35 grams. It consists of 50 percent silver, 40 percent copper, 5 percent nickel, and 5 percent zinc, boasting 200 serrations along its edges.

The previous Parliament building was inaugurated on January 18, 1927, by the then Governor-General Lord Irwin. The newly constructed Parliament building has an expanded seating capacity, accommodating 888 members in the Lok Sabha and 300 members in the Rajya Sabha.

This marks a significant increase from the previous capacity of 543 members in the Lok Sabha and 250 members in the Rajya Sabha. The new building has been designed to meet future requirements, with arrangements made for joint sessions of both Houses, allowing for the convening of 888 members in the Lok Sabha Chamber and 384 members in the Rajya Sabha.

The introduction of the special Rs 75 coin and the inauguration of the new Parliament building represent important milestones in India’s journey. They serve as powerful symbols of progress, democratic values, and the country’s commitment to excellence in governance.