The Finance Ministry has announced the rollout of a new ₹20 coin shaped like a "dodecagon", a 12-edged polygon.
The new coin will be heavier than all the existing coins at 8.54 grams.
The obverse side of the coin will bear Lion Capital of Ashoka Pillar while the reverse will have the denominational value "20" with rupee symbol "₹" above.
New series of Re 1, Rs 2, Rs 5 and Rs 10 denomination coins will also be minted.
As per Coinage Act, 1906, the Government of India has the sole right to mint coins and the responsibility for coinage vests with the Government.
Coins are minted at the four India Government Mints at Mumbai, Alipore (Kolkata), Saifabad (Hyderabad), Cherlapally (Hyderabad) and Noida (UP).
The coins are issued for circulation only through the Reserve Bank in terms of the RBI Act.
The new coin will be heavier than all the existing coins at 8.54 grams.
The obverse side of the coin will bear Lion Capital of Ashoka Pillar while the reverse will have the denominational value "20" with rupee symbol "₹" above.
New series of Re 1, Rs 2, Rs 5 and Rs 10 denomination coins will also be minted.
As per Coinage Act, 1906, the Government of India has the sole right to mint coins and the responsibility for coinage vests with the Government.
Coins are minted at the four India Government Mints at Mumbai, Alipore (Kolkata), Saifabad (Hyderabad), Cherlapally (Hyderabad) and Noida (UP).
The coins are issued for circulation only through the Reserve Bank in terms of the RBI Act.
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