Delhi: Prime Minister Narendra Modi will launch the new building of Parliament on May, 28. The Union finance ministry on Thursday announced minting of ₹75 coin to commemorate the inauguration of new Parliament building. The Lion Capitol of Ashoka Pillar along with the inscription ‘Satyamev Jayate’ will be featured in the center of the coin’s obverse side. The left periphery will of the coin will have Bharat inscribed in Devanagari script and India in English.
As per the notification, the coin will be circular in shape with a 44 millimeters diameter and 200 serrations along the edges. The metallic composition of the coin will have quaternary alloy consisting of 50% silver, 40% copper, 5% nickel and 5% zinc.
The coin will also have the rupee symbol and the denomination value of 75 in international numerals written below the Lion Capital. The other side of the coin will show an image of the parliament complex. Similarly, the upper periphery will have Sansad Bhavan inscribed in Devanagari script and the lower periphery will have Parliament Complex in English.
The design of the coin will be in line with the guidelines specified in the First Schedule of the Constitution.
It is expected that nearly 25 political parties are likely to participate in the inauguration ceremony of the new Parliament building by PM Modi on Sunday, while 21 parties have decided to boycott the function. Seven non-NDA parties, including 18 regional parties of the ruling National Democratic Alliance (NDA), including the Bharatiya Janata Party (BJP), will attend the event.