New Indian Rupee symbol announced

  More than a year contest and drama of selecting the Indian Rupee symbol is over as Information and Broadcasting Minister Ms.Ambika Soni released the rupee symbol that was selected out  of  a contest with prize money of Rs. 2.5 lakhs conducted by Government.

 Many enthusiastic designers participated in the contest and out of the designs submitted by them five were shortlisted recently. And now the design of Shri.D Udaya Kumar, an IIT graduate has been selected as the future India Rupee symbol. It is reported that the Cabinet approved the design.

The contestants were asked to design a symbol that would be the Hindi alphabet Ra with two lines – to “reflect and capture the Indian ethos and culture,” in Finance Minister Mr. Pranab Mukherjee’s words.

The growing influence of the Indian economy in the global space is said to have prompted this move. The Rupee will join the select club of global currencies like the US dollar, the British Pound, European Euro and Japanese Yen that have unique symbols.

Source: NDTV

Advertisements

One thought on “New Indian Rupee symbol announced

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s