Government

New One Rupee Currency Note Printing Rule 2017 Notification. The Note shall be predominantly pink green on obverse

New One Rupee Currency Note Printing Rule 2017 Notification. The Note shall be predominantly of pink green colour on obverse and reverse combination of others

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 25th May, 2017

G.S.R. 516(E).—In exercise of the powers conferred by clause (d) and clause (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government hereby makes the following rules, namely:—

1. Short title and commencement.—(1) These rules may be called the Printing of One Rupee Currency Notes Rules, 2017.
(2) They shall come into force from the date of their publication in the Official Gazette.

2. Printing.—The One Rupee Currency Notes shall be printed at the note printing presses for issue under the authority of the Government of India for circulation.

3. Dimensions and compositions of One Rupee Currency Note.—The One Rupee Currency Notes shall conform to the dimensions and composition as specified in the First Schedule.

4. Design.—The design of One Rupee Currency Notes shall be as specified in the Second Schedule.

5. Standard weight and remedy allowed.—The standard paper weight and remedy (tolerance) allowed in printing of One Rupee Currency Notes shall be as specified in the Third Schedule.

THE FIRST SCHEDULE
(See rule 3)

Denomination of Note Shape and Size Paper Composition
(1) (2) (3)
One Rupee Currency Note Rectangular 9.7 x 6.3 cms 100 per cent. (Cotton) Rag Content
Weight of Paper:- 90 GSM (Grams per Square Meter)
Thickness of Paper:- 110 microns
Multi tonal Watermarks:-
(i) Ashoka Pillar in the window without words सत्यमेव जयते’  
(ii) Hidden Numeral ‘1’ in the centre
(iv) Hidden Word ‘भारत’ vertically arranged on right hand side.

THE SECOND SCHEDULE
(See rule 4)

(1) Obverse:

(a) It contains the wordsभारत सरकार’ above the words “Government of India” with the bilingual signature of Shri Shaktikanta Das, Secretary, Ministry of Finance and with the replica of New Rupee One coin with `₹’ symbol of 2017 issued with सत्यमेव जयते’ and capital Inset letter ‘ ‘L’ in numbering panel.

(b) The numbering shall be in black at right hand bottom portion of the Note in ascending size of numerals from left to right, while the first three alphanumeric characters (prefix) remains constant in size.

(2) Reverse:– It contains the wordsभारत सरकारabove the words “Government of India” with the year 2017 on the representation of the One Rupee coin with `₹’ symbol having floral design and the surrounding design consists of picture of ‘Sagar Samrat’ the oil exploration platform and with the authentic rendering of value in fifteen Indian languages in language panel with the year figure shown on the centre bottom in international number.

(3) Overall Colour Scheme:– The colour of One Rupee Currency Note shall be predominantly pink green on obverse and reverse in combination with others.

THE THIRD SCHEDULE
(See rule 5)

Denomination Parameter Standard weight Remedy (Tolerance) allowed
(1) (2) (3) (4)
Rupee One Grammage of Paper Used 90 GSM (Grams per Square Meter) +/- 3 GSM
Thickness of Paper 110 Microns +/- 5 Microns

[F. No. 03/09/2014-Cy. II]
SHOBA BASIL, Under Secy

Share

Recent Posts

  • Income Tax

ITAT allows exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees

ITAT allowed increased exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees in view of CBDT retrospective notification. In…

10 hours ago
  • Income Tax

PCIT has revisionary jurisdiction u/s 263 over the cases passed by the NFAC or the JAO

PCIT has revisionary jurisdiction u/s 263 over the cases irrespective of the fact that the relevant assessment was completed physical…

20 hours ago
  • Insurance

Appellate court interfering with MACT finding must undertake reappreciation of evidence

Appellate court interfering with Motor Accidents Claims Tribunal findings on assessment of disability and loss of earning capacity must undertake…

1 day ago
  • Income Tax

When delay is not huge & involves huge monetary liability, lenient approach to be taken

When period of delay is not very huge and involve huge monetary liability on the assessee, a lenient approach should…

1 day ago
  • SEBI

EoGM of company can not ratify diversion of fund raised by preferential issue – SC

Ratification by EoGM of the company can not give legality of the diversion of the fund raised by preferential issue.…

2 days ago
  • Excise/Custom

Return of export cargo from Hormuz Strait where vessel do not lands at original port

CBIC prescribes procedures for return of export cargo from international waters due to closure of the Strait of Hormuz where…

2 days ago