Issue of Commemorative Coin on the occasion of 175 Years of Indian Institute of Technology, Roorkee

MINISTRY OF FINANCE

(Department of Economics Affairs) 

NOTIFICATION

New Delhi, the 27th June, 2022

G.S.R. 478(E).—In exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011(11 of 2011), the Central Government hereby makes the following rules, namely: -

1. Short title and commencement.- (1) These rules may be called the Coinage (Issue of Commemorative Coin on the occasion of 175 YEARS OF INDIAN INSTITUTE OF TECHNOLOGY, ROORKEE) Rules, 2022.

(2) They shall come into force on the date of their publication in the Official Gazette.

Issue of Commemorative Coin

2. Denomination of coin.- The coin of One Hundred Seventy Five Rupees denomination shall also be coined at the Mint for issue under the authority of the Central Government on the occasion of “175 YEARS OF INDIAN INSTITUTE OF TECHNOLOGY, ROORKEE”.

3. Dimension and composition of coin.- The coin of the above denomination mentioned in rule 2 shall conform to the following dimensions and composition, namely: -

Denomination of coin

Shape and outside diameter

Number of serrations

Metal composition

(1)

(2)

(3)

(4)

One Hundred Seventy Five Rupees

Circular 44 millimeters

200

Quaternary Alloy Silver - 50 percent. Copper - 40 percent. Nickel - 05 percent. Zinc - 05 percent.


4. Design.- The design of the coin shall be as specified in the First Schedule of these rules.
5. Standard weight and remedy allowed. - The standard weight of the coin of above denomination coined to commemorate the occasion of 175 YEARS OF INDIAN INSTITUTE OF TECHNOLOGY, ROORKEE and the remedy allowed in making of such coin shall be as specified in the Second Schedule to these rules.
 
First Schedule 
(See Rule 4)

ONE HUNDRED SEVENTY FIVE RUPEES OBVERSE:

This face of the coin shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend inscribed below, flanked on the left periphery with the word “भारत” in Devnagri script and on the right
periphery with the word “INDIA” in English. It shall also bear the Rupee symbol “₹” and denominational value “175” in the international numerals below the Lion Capitol.

REVERSE:

This face of coin shall bear image of JAMES THOMASON BUILDING of Indian Institute of Technology, Roorkee in the center of the coin. The text “175 YEARS” is inscripted below the centre of the image. The inscription  shall be written in Devnagari script on the upper periphery and the inscription “INDIAN INSTITUTE OF TECHNOLOGY ROORKEE” in English is depicted on the lower periphery of the coin. The year 1847 and 2022 in international numeral shall respectively be written below the left and right side of image of JAMES THOMASON BUILDING.

Second Schedule 
(See Rule 5)

Denomination of coin

Standard weight

Remedy allowed

In composition

In standard weight

(1)

(2)

(3)

(4)

One Hundred Seventy Five Rupees

35 Grams

1/500th plus or minus for Silver, that is to say the Silver content may vary from 498 to 502 per 1000.

1/100th plus or minus, that is to say weight could be 34.65 grams to 35.35 grams.


[F.No. 02/06/2022-Coin]
MANISHA SINHA, Addl. Secy.

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