This is one of the big news of the day that the Indian Finance Ministry has decided to launch a Rs 100 coin as soon. At the same time, new Coins of Rs 5 and Rs 10 will also be introduced with new faces.
As per the report, The Government of India notified that “The ministry 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, has decided to coined Rs 100 – which are presently distributed in notes form, and introduce Rs 10 and Rs 5 coins with new features at the Mint for issue under the authority of the Central Government to commemorate the occasion of Birth Centenary of Dr. M. S. Subbulakshmi and Dr. M.G. Ramachandran Birth Centenary.”
Rs 100 coins:
- There are two different formats in the new Rs 100 coins.
- One will be with the sign of Dr. M. S. Subbulakshmi, and
- Another one will be with the face of Dr. M.G. Ramachandran Birth Centenary.
As well as the upcoming new Rs 5 coins have Dr. M.G. Ramachandran Birth Centenary mark and Rs 10 will have Dr. M. S. Subbulakshmi mark.