Finally Indian Rupee gets an identity symbol
The Union Cabinet has finally revamped the traditional Indian money system by giving it a separate identity. The design selected by Indian government aims in placing the country parallel to the top country symbols like 'Dollar' and 'Pound'.
FINALLY INDIAN rupee has got its identity! The Union Cabinet, led by Information and Broadcasting Minister Ambika Soni, has finally revamped the traditional Indian monetaryy system by giving it a separate identity. The design selected by Indian government aims in placing the country parallel to the top country symbols like ‘Dollar’ and ‘Pound’. The newly selected symbol has been designed by a postgraduate of Indian Institute of Technology (popularly known as IIT), D Udaya.
The approved design includes ‘Ra’ from Devnagiri and ‘R’ from Roman with two parallel lines running at the top. Equality is reflected in parallel lines. With this, India has entered into the group of countries having unique currency identity.
D Udhya explained that the symbol is based on Indian Tricolour. It has two lines on the top and white space in between. It has been decided that the symbol will be used by all individuals/entities within and outside the India after the incorporation of ‘Unicode Standard’, ISO/IEC 10646 and ‘IS 13194’.
The design has been selected out of 300 shortlisted entries, out of which the jury headed by deputy governor of Reserve Bank of India selected five entries.
With this decision, the Indian currency has now got a distinct identity keeping in view the fact that it would certainly motivate the global economy that is continuously accelerating. The minister also said that the symbol will standardise the currency from other Asian countries like Nepal, Bangladesh, Sri Lanka and Indonesia.
The ministry has decided to implement and embed the symbol into the keyboards so that we can use them in our daily lives. Instructions have already been generated to the software department.
D Udhya explained that the symbol is based on Indian Tricolour. It has two lines on the top and white space in between. It has been decided that the symbol will be used by all individuals/entities within and outside the India after the incorporation of ‘Unicode Standard’, ISO/IEC 10646 and ‘IS 13194’.
The design has been selected out of 300 shortlisted entries, out of which the jury headed by deputy governor of Reserve Bank of India selected five entries.
With this decision, the Indian currency has now got a distinct identity keeping in view the fact that it would certainly motivate the global economy that is continuously accelerating. The minister also said that the symbol will standardise the currency from other Asian countries like Nepal, Bangladesh, Sri Lanka and Indonesia.
The ministry has decided to implement and embed the symbol into the keyboards so that we can use them in our daily lives. Instructions have already been generated to the software department.
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