The Ministry of Finance in India has announced the launch of a new Rs 75 coin to celebrate the inauguration of the country’s new Parliament building. The circular coin will have a diameter of 44 millimeters and will be made from a four-part alloy comprising 50% silver, 40% copper, 5% nickel, and 5% zinc. It will weigh 35 grams and feature 200 serrations along its edges.
The coins will have the Lion Capitol of Ashoka Pillar on the face and the words “सत्यमेि जयते” (Satyameva Jayate) below it, with “भारत” (Bharat) in Devnagri script on the left periphery and “INDIA” in English on the right periphery. The reverse side of the coins will feature an image of the Parliament complex, with the words “Parliament Complex” in English on the lower periphery and “Sansad Sankul” in Devanagari script on the upper periphery. The year 2023 will be inscribed in International numeral below the image of the Parliament Complex.
The new Parliament building is set to be inaugurated by Prime Minister Narendra Modi on May 28, but as many as 20 opposition parties have announced a boycott of the ceremony. According to them, the President of India, as the highest constitutional authority, should be inaugurating the new building, not the Prime Minister. The opposition parties have called Modi’s decision to inaugurate the building by himself a direct assault on democracy and a grave insult to President Murmu.
Despite the opposition’s boycott, the Union Finance Minister, Nirmala Sitharaman, has appealed to them to reconsider their decision and attend the ceremony. Sitharaman called the building a “temple of democracy” and reminded the opposition that even Prime Minister Modi entered the Parliament by bowing on its steps. She urged them to change their stand and participate in the ceremony.
The launch of the new Rs 75 coin is a historic moment for India, symbolizing the country’s growth and development. It is a tribute to the country’s democracy, which is the cornerstone of India’s identity and future. The new Parliament building itself is a symbol of India’s potential, showcasing its rich cultural heritage while also embracing modernity and innovation. It is a reflection of the country’s ambition to become a global superpower and a leader in the 21st century.