Union Budget 2019: New currency coins, including Rs.20 coins, to be released for public use soon

July 05, 2019 04:30 pm | Updated 04:30 pm IST

Photo for representation.

Photo for representation.

Finance Minister Nirmala Sitharaman, during her Budget speech on Friday, announced that the government will shortly be releasing new rupee coins for public use. 

These coins will be in the denominations of one, two, five, 10 and 20 rupees. 

Earlier this year in March, Prime Minister Narendra Modi had launched the new coin series, saying they will be easily identifiable for the visually impaired. 

The coins will feature the Ashoka Pillar, the words 'Satyameva Jayate', 'Bharat', 'India' on the obverse sides, while the reverse will contain the denominational value in words and numbers, along with the rupee symbol, according to a March 6, 2019 gazette notification. The Rs. 20 coin will have a nickel silver outer ring, with an inner ring made of nickel brass, and will weigh between 8.33 or 8.75 grams. 

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