Government to release 100-rupee-coin in the market, know the release date, and how it is different from other coins
We have only seen Rs 1, 2, 5, 10, and 20 coins so far, but the government plans to put Rs 100 coins in the Indian market very soon. The Indian 20-rupee coin was the biggest denomination circulation ever minted, and the Rs 100 coin will be visible in a few days.
The 100th episode of the radio series Mann Ki Baat, which features Prime Minister Narendra Modi, will air soon. To commemorate the 100th episode of Mann Ki Baat, a new Rs 100 coin will be issued.
The coins will be minted under the Central Government’s jurisdiction. “The coin of One Hundred Rupees denomination shall only be created at the Mint for issue under the authority of the Central Government on the occasion of the “100th Episode of Mann Ki Baat,” according to an official notification issued by the Ministry of Finance.
When will Rs 100 coin be available in the market?
The government will issue a coin to mark the occasion on April 30, the 100th anniversary of the radio programme Maan Ki Baat. The coin will be worth one hundred rupees. Even though commemoration coins are considered legal tender, they are not widely distributed. They are available from the organizations listed.
What are the specifications of 100-rupee-coin?
According to a Finance Ministry release, the currency will be unique from other Rs 1, 2, 10, etc. coins. It will be round, 44 mm in diameter, and have 200 serrations. The metal content of the 35-gram coin will be a quaternary alloy with 50% silver, 40% copper, 5% nickel, and 5% zinc.
The coin’s obverse face will have the Lion Capitol of Ashoka Pillar in the center, with the words “Satyamev Jayate” written under it. The term “Bharat” will be written along the left periphery in the Devnagri script, and the term “INDIA” will be written along the right periphery in English.
In addition, the international numbers for the rupee sign ” and the denominational value “100” must be displayed. The “100th Episode of Mann Ki Baat” logo, consisting of an image of a microphone with sound waves, and the year ‘2023’ will be written on the back of the coin. Mann Ki Baat 100′ is printed above and below the microphone image in Devnagri and English, respectively.