Indian rupee sign
The Indian rupee sign (sign: ₹; code: INR) is the currency symbol for the Indian rupee, the official currency of India. Designed by Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010, following its selection through an "open" competition among Indian residents. Before its adoption, the most commonly used symbols for the rupee were Rs, Re or, in texts in Indian languages, an appropriate abbreviation in the language used.
ISO 4217 is a standard first published by International Organization for Standardization in 1978, which delineates currency designators, country codes, and references to minor units in three tables:
A currency symbol is a graphic symbol used as a shorthand for a currency's name, especially in reference to amounts of money.
The Indian rupee is the official currency of India. The rupee is subdivided into 100 paise, though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934.
The design is based on the Devanagari letter "र" (ra) with a double horizontal line at the top. It also resembles the Latin capital letter "R", especially R rotunda (Ꝛ).
The Latin or Roman alphabet is the writing system originally used by the ancient Romans to write the Latin language.
The r rotunda (ꝛ), "rounded r", is a historical calligraphic variant of the minuscule (lowercase) letter Latin r used in full script-like typefaces, especially blackletters.
The Unicode character for the Indian rupee sign is U+20B9₹INDIAN RUPEE SIGN. Other countries that use a rupee, such as Sri Lanka, Pakistan and Nepal, still use the generic U+20A8₨RUPEE SIGN character.
The rupee is the currency of Sri Lanka, divided into 100 cents. It is issued by the Central Bank of Sri Lanka. The abbreviation is generally Rs., but "LKR" is occasionally used to distinguish it from other currencies also called rupee.
The Pakistani Rupee (Urdu: روپیہ / ALA-LC: Rūpiyah; sign: ₨; code: PKR; is the official currency of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan, the central bank of the country. The most commonly used symbol for the rupee is Rs, used on receipts when purchasing goods and services.
The Nepalese Rupee is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932, when it replaced the Nepalese mohar at the rate 2:1.
On 5 March 2009, the Indian government announced a contest to create a sign for the Indian rupee.During the 2010 Union Budget, then Union Finance Minister Pranab Mukherjee said that the proposed sign should reflect and capture the Indian ethos and culture. From around 3,331 responses received, five symbols were shortlisted. These were the entries from Nondita Correa-Mehrotra, Hitesh Padmashali, Shibin KK, Shahrukh J. Irani, and D. Udaya Kumar and one of them was due to be selected at the Union Council of Ministers of India meeting held on 24 June 2010. However, the decision was deferred at the request of the Finance Minister, and the final decision was made when that met again on 15 July 2010, when they chose the symbol created by Udaya Kumar, Associate Professor IIT Guwahati.
The Union budget of India for 2010–11 was presented by Finance minister Pranab Mukherjee in the Lok Sabha on Friday, February 26, 2010.
Pranab Mukherjee is an Indian politician who served as the 13th President of India from 2012 until 2017. He is a Bharat Ratna awardee, awarded in 2019 by President of India Shri Ram Nath Kovind. In a political career spanning five decades, Mukherjee has been a senior leader in the Indian National Congress and has occupied several ministerial portfolios in the Government of India. Prior to his election as President, Mukherjee was Union Finance Minister from 2009 to 2012.
Udaya Kumar Dharmalingam born 10 October 1978 in Kallakurichi, Tamil Nadu is the designer of the Indian rupee sign. His design was selected from among five short listed symbols. According to Udaya Kumar the design is based on the Indian tricolour.
The new sign is a combination of the Devanagari letter "र" ("ra") and the Latin capital letter "R" without its vertical bar (similar to the r rotunda "Ꝛ"). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolor Indian flag.and also depict an equality sign that symbolizes the nation's desire to reduce economic disparity.
Devanagari, also called Nagari, is a left-to-right abugida (alphasyllabary), based on the ancient Brāhmī script, used in the Indian subcontinent. It was developed in ancient India from the 1st to the 4th century CE, and was in regular use by the 7th century CE. The Devanagari script, composed of 47 primary characters including 14 vowels and 33 consonants, is one of the most adopted writing systems in the world, being used for over 120 languages. The ancient Nagari script for Sanskrit had two additional consonantal characters.
The National Flag of India is a horizontal rectangular tricolour of India saffron, white and India green; with the Ashoka Chakra, a 24-spoke wheel, in navy blue at its centre. It was adopted in its present form during a meeting of the Constituent Assembly held on 22 July 1947, and it became the official flag of the Dominion of India on 15 August 1947. The flag was subsequently retained as that of the Republic of India. In India, the term "tricolour" almost always refers to the Indian national flag. The flag is based on the Swaraj flag, a flag of the Indian National Congress designed by Pingali Venkayya.
The final selected symbol was designed by D. Udaya Kumar, a Bachelor of Architecture and visual design student at the Industrial Design Centre, IIT Bombay. The thoughts and philosophy behind the design are explained in this presentation.
The Bachelor of Architecture (B.Arch.) is a bachelor's degree designed to satisfy the academic requirement of practicing architecture.
Ministry of Finance and Department of Economic Affairs of the Government of India had finally approved the sign. The approval was given by Sushil Kumar, Under Secretary of the Government of India.
The Indian rupee sign selection process was challenged in the Delhi High Court,by petitioner Rakesh Kumar, who was a participant in the competition, described the process as “full of discrepancies” and “flawed”, and named the Finance Ministry and the chairman of Indian Rupee Symbol Selection Committee as respondents. On 26 November 2010, the Delhi High Court single bench dismissed the writ petition, stating there was no justifiable ground for the stated allegations.
However, later The Hon’ble High Court of Delhi, on 30 January 2013, in W.P. (c) 2449/2012 titled Rakesh Kumar Singh Vs. Union of India (PIL) filed through lawyer Kamal Kumar Pandey, listed before the Division bench of Hon’ble Chief Justice and V. K. Jain J., taking cognizance of and in view of the irregularities and arbitrariness involved in Public Competitions (Indian Rupee, UIDAI, I Mark, Indian railway for Common Wealth, RTI) for designing Symbols/Logos or designing Logos by other methods of important national bodies/institutions, in their historic judgment directed all the ministries of the Government of India to formulate/prepare guidelines to ensure transparency, wider participation of public and also that such guidelines should be of uniform nature and in uniformity with each others.
On 11 April 2013, Finance Ministry formed the guidelines for conducting public competitions for design of symbol/logo.
Upon the symbol’s adoption in July 2010, the Indian government said it would try to adopt the sign within six months in the country and globally within 18 to 24 months.
Major banks have also started printing cheques with the new Indian rupee sign, where the traditional ₨ sign was used. The Indian Postal Department also started printing postage stamps with this new Indian rupee sign, when it issued the Commonwealth Games commemorative stamps on 3 October 2010. ₹1, ₹2, ₹5 and ₹10 with the new rupee symbol have been put into circulation. As of January 2012, the new Indian rupee sign has been incorporated in the currency notes in the denominations of ₹10, ₹100, ₹500 and ₹1000 and as of 12 April 2012 this was extended to denominations of ₹20 and ₹50.In his budget speech on 28 February 2011, the finance minister, Pranab Mukherjee, announced that the sign will be incorporated in future coin issues. Coins of denomination of
On 10 August 2010, the Unicode Technical Committee accepted the proposed code position U+20B9₹INDIAN RUPEE SIGN (HTML
₨), which will continue to be available as the generic rupee sign.
Ubuntu became the first operating system to support the Indian rupee symbol by default. Since its 10.10 version it has supported the symbol out of the box,as it was added to the Ubuntu font family by a contributor. Since then, it has been included in various GNU/Linux distributions.
On 18 May 2011, Microsoft released an update KB2496898 to Windows Vista, Windows Server 2008, Windows 7 and Windows Server 2008 R2 operating systems to include support for this new Indian rupee symbol.With the Windows update, it is now possible to use alt code text entry to obtain the Indian Rupee symbol – Alt+8377. On systems running Windows 8, the symbol can be typed using the English (India) keyboard layout with the key combination Alt Gr+4.
Apple Inc. has added support for the rupee symbol with iOS 7.Mac OS X Lion (10.7) also includes the new Indian rupee symbol and can be found in the Character Viewer. As of Mac OS X Mountain Lion (10.8), users using the Devanagari keyboard can enter the new Indian rupee symbol by typing ⌥ Option-4 (a combination that yields the Cent symbol on a US keyboard layout).
Sailfish OS also provides the symbol in its default keyboard.
Rupee is the common name for the currencies of India, Pakistan, Indonesia, the Maldives, Mauritius, Nepal, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Tibet, Burma, British East Africa, German East Africa, the Trucial States, and all Gulf Arab Countries.
The Russian ruble or rouble is the currency of the Russian Federation, the two partially recognised republics of Abkhazia and South Ossetia and the two unrecognised republics of Donetsk and Luhansk. The ruble is subdivided into 100 kopeks.
The manat is the currency of Azerbaijan. It is subdivided into 100 qəpik.
Coins of the Indian rupee were first minted in 1950. New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of ₹1, ₹2, ₹5, and ₹10. All of these are produced by four mints located across India, in Kolkata, Mumbai, Hyderabad and Noida.
The Finance Secretary is the Permanent Secretary-level civil servant, who plays a leadership role in the bureaucracy of the Finance Ministry, Government of India.
The shekel sign (₪) is a currency sign used for the Israeli new shekel, which is the currency of the State of Israel.
The Gandhi Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of Indian rupee. As the name suggests, the series is so called because the obverse of the banknotes prominently display the portrait of Mahatma Gandhi. Since its introduction in 1996, this series replaced all Lion Capital Series banknotes issued before 1996. The Reserve Bank of India (RBI) introduced the series in 1996 with 10 and 500 rupee banknotes.
The Indian 1000-rupee banknote was a denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was re-introduced in 1954. In January 1978, all high-denomination banknotes of ₹1000, ₹5,000, and ₹10,000 were demonetized in order to curb unaccounted cash money.
The Indian 500-rupee banknote is a denomination of the Indian rupee. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series. The previous banknotes of the Mahatma Gandhi Series, in circulation between October 1997 and November 2016, were demonetised on November 8, 2016.
The Indian 100-rupee banknote is a denomination of the Indian rupee. It has been in continuous production since Reserve Bank of India took over the functions of the controller of currency in India in 1935. The present ₹100 banknote in circulation is a part of the Mahatma Gandhi Series. These notes are in circulation along with the Mahatma Gandhi New Series of banknotes which were introduced in July 2018.
The is a denomination of the Indian rupee. The present ₹50 banknote in circulation is a part of the Mahatma Gandhi New Series of banknotes.However, ₹50 banknotes of the previous series( Mahatma Gandhi Series) will continue to be legal tender.
The Indian 20-rupee banknote is a common denomination of the Indian rupee. The current ₹20 banknote in circulation is a part of the Mahatma Gandhi Series. The Reserve Bank introduced the ₹20 note in the Mahatma Gandhi Series in August 2001. Making it one of the last denominations of the series to be introduced in the series; other than the ₹5, which was introduced in November 2001.
The Indian 10-rupee banknote is a common denomination of the Indian rupee. The ₹10 note was one of the first notes introduced by the Reserve Bank of India as a part of the Mahatma Gandhi Series in 1996. These notes are presently in circulation along with the Mahatma Gandhi New Series which were introduced in January 2018, this is used alongside with 10 rupee coin.
The Indian 2000-rupee banknote (₹2000) is a denomination of the Indian rupee. It was released by the Reserve Bank of India (RBI) on 8 November 2016 after the demonetisation of ₹500 and ₹1000 banknotes and has been in circulation since 10 November 2016. It is a part of the Mahatma Gandhi New Series of banknotes with a completely new design.
The Indian 10-rupee coin is a denomination of the Indian rupee. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2011 design. However, the previous ₹10 coins minted before 2011 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve Bank of India. Along with the standard designs, there are 21 different designs for this denomination and are minted as circulating commemorative coins, this is used alongside the 10 rupee banknote.
The Indian 200-rupee note (₹200) is a denomination of the Indian rupee. Post 2016 Indian banknote demonetisation, the new currency notes have been announced by the Reserve Bank of India-- ₹2,000, ₹500, ₹200, ₹100, ₹50, ₹20 and ₹10.
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