Ministry of Finance Introduces Rs.75 Commemorative Coin for New Parliament Building Inauguration

26 May 2023 , 09:45 AM

The Ministry of Finance has announced the issuance of a unique commemorative coin worth Rs 75, symbolizing the inauguration of the new Parliament building. This significant move by the government aims to celebrate the momentous occasion and immortalize the architectural marvel.

Coin design and specification:

1. The newly minted commemorative coin will feature the 'Parliament Complex' inscription and a captivating image of the state-of-the-art Parliament building.
2. The coin will have a circular shape with a diameter measuring 44 millimeters.
3. To enhance its uniqueness, the coin will be adorned with 200 serrations along its edges, adding a distinctive touch to its overall appearance.
4. The coin's composition will consist of a quaternary alloy skillfully blended with 50 percent silver, 40 percent copper, 5 percent nickel, and 5 percent zinc.
5. This composition ensures durability and aesthetic appeal, making the coin a cherished keepsake.
6. Below the image of the Parliament Complex, the year '2023' will be elegantly inscribed using international numerals, serving as a timeless reminder of the historical event and the significance of the new Parliament building.

More profound insights about the inauguration event:

1. The inauguration is set to witness the presence of representatives from various political parties.
2. Prime Minister Narendra Modi will attend the event.
3. The participation of opposition parties has sparked controversy and debate.
4. The National Democratic Alliance (NDA), consisting of 18 prominent members, including the Bharatiya Janata Party (BJP), has confirmed their attendance.
5. Seven non-NDA parties have expressed their commitment to attending the ceremony alongside the NDA.
6. Notable non-NDA parties expected to be present include the Bahujan Samaj Party (BSP), Shiromani Akali Dal, Janata Dal (Secular), Lok Janshakti Party (Ram Vilas), YSR Congress, Biju Janata Dal (BJD), and Telugu Desam Party (TDP).
7. The participation of these parties underscores the significance of the event and highlights the spirit of unity in celebration, transcending political boundaries.

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