New 75 Rupees Coin Launched to Commemorate New Parliament Building
The Indian government has recently unveiled a special edition 75 rupees coin in honor of the inauguration of the new Parliament building. Prime Minister Narendra Modi launched the coin on May 28, 2023.
Crafted with meticulous detail, the coin is composed of 50% silver, 40% copper, 5% nickel, and 5% zinc. It possesses a diameter of 44 millimeters and weighs 35 grams. On its obverse side, the coin showcases the iconic Lion Capital of Ashoka Pillar, with the inscription "Satyamev Jayate" below it. To the left, the word "Bharat" is written in Devanagari script, while on the right, "India" appears in English.
Flipping the coin reveals its reverse side, featuring a captivating image of the new Parliament building. Along the upper periphery, "Sansad Sankul" is elegantly inscribed in the Devanagari script, while "Parliament Complex" graces the lower periphery in English. Just below "Sansad Sankul," the year "2023" is engraved in international numerals.
The 75 rupees coin holds the status of legal tender in India, allowing it to be used for purchasing goods and services. Beyond its practical value, it serves as a highly coveted collectible item likely to captivate the interest of numismatists and enthusiasts.
The launch of this commemorative coin marks a momentous occasion in India's history. The new Parliament building stands as an emblem of the nation's democracy and its ongoing progress. By minting this coin, India pays tribute to this significant milestone while celebrating its 75th year of independence.
Background
The new Parliament building replaces the previous one constructed in the 1920s, occupying the same revered site. Designed with modernity and spaciousness in mind, it offers enhanced accommodation for the growing number of Members of Parliament. Energy efficiency has also been prioritized, distinguishing it from its predecessor.
This new Parliament building forms part of a larger Central Vista redevelopment project in New Delhi. This project aims to revitalize the Central Vista area, which houses numerous crucial government buildings. The entirety of the Central Vista redevelopment project is expected to conclude in 2024.
Significance
The introduction of the 75 rupees coin holds immense significance in India's historical narrative. The new Parliament building serves as a potent symbol of the nation's democracy and progress. This coin, thus, commemorates a momentous event while celebrating India's 75th year of independence.
Furthermore, the coin provides a platform for promoting India's rich culture and heritage. The Lion Capital of Ashoka Pillar, representing India's ancient civilization, stands as a profound cultural icon. Simultaneously, the image of the new Parliament building symbolizes India's contemporary advancement.
Numismatists have hailed the coin as an invaluable addition to their collections. Its remarkable design, coupled with its cultural and historical significance, renders it highly sought after.
Conclusion
The unveiling of the 75 rupees coin to commemorate the inauguration of the new Parliament building holds immense significance for India. It serves as a testament to the nation's democratic ideals, progress, and celebration of 75 years of independence. This collectible item is expected to captivate numismatists and enthusiasts alike, showcasing India's rich history and cultural heritage.
New 75 Rupees Coin Launched in India: Public Opinions Vary
The recent introduction of the 75 rupees coin by the Indian government to commemorate the inauguration of the new Parliament building has sparked a range of opinions among the public. Launched on May 28, 2023, by Prime Minister Narendra Modi, the coin has garnered both praise and criticism.
Supporters of the coin view it as a meaningful way to honor and remember a significant moment in India's history. They appreciate the design and symbolism incorporated into the coin. Supporters also argue that the coin holds value for collectors, making it a valuable addition to numismatic collections. One individual, who preferred to remain anonymous, expressed their enthusiasm, stating, "I believe launching a new coin to commemorate the inauguration of the new Parliament building is an excellent idea. It not only marks this important event in our nation's history but also adds a beautiful coin to collectors' portfolios."
Another supporter, Mr. Singh, highlighted the importance of showcasing national pride through such initiatives. It demonstrates their pride in our country and its history. I'm confident that the coin will be well-received by collectors."
On the other hand, detractors argue that the launch of the new coin is a misallocation of funds, given the pressing issues India currently faces. Critics expressed concerns that resources should be directed towards addressing poverty, unemployment, and other socio-economic challenges. Our country has numerous pressing issues that demand attention. The government should focus on poverty and unemployment rather than commemorative coins."
Ms. Rao, another opponent of the coin, expressed disappointment, stating, "I am disheartened to see the government spend money on a commemorative coin while crucial matters remain unaddressed. It feels like a waste of resources and a disregard for those struggling to meet their basic needs."
Conclusion
In conclusion, the launch of the new 75 rupees coin in India has sparked a diverse range of opinions among the public. Supporters appreciate the coin's design and see it as a valuable commemorative item. However, critics argue that the government's focus should be on addressing pressing issues instead of allocating funds to a commemorative coin. The varying perspectives reflect a debate about the government's priorities and the significance of commemorating historical events.