The Government of India is set to introduce a new Re 1 currency note soon. The new one rupee notes will be printed by the Ministry of Finance, unlike the other denomination notes which are printed by the Reserve Bank of India (RBI). “The new one rupee denomination notes shall come into force from the date of their publication in the Official Gazette, i.e. 7 February 2020,” said a Ministry of Finance Gazette dated February 1, 2020.
“The One Rupee notes shall be printed at the note printing presses for issue under the authority of Government of India for circulation”, it further said. Here are the key features of the new one rupee denomination notes:
New Re 1 note design
The new Re 1 note will come with the words ‘Bharat Sarkar’, above the words ‘Government of India’. They will have the bilingual signature of Atanu Chakraborty, Secretary, Ministry of Finance. The notes will come with Multi-tonal Watermarks like Ashoka Pillar in the window without words “सत्यमेव जयते‟, the hidden numeral “1” in the center and the hidden word “भारत” vertically arranged on the right-hand side.
It will have the replica of new Re 1 coin with ‘₹’ symbol of 2020 issued with ‘सत्यमेव जयते’ and capital inset letter ‘L’ in numbering panel. The numbering will be in black at the right-hand bottom portion of the note in ascending size of numerals from left to right and the first three alphanumeric characters (prefix) remain constant in size.
New Re 1 note Reverse Side
The reverse side of the note has words ‘भारत सरकार’ above the words ‘Government of India’ with the year 2020 on the representation of the 1 rupee coin with ‘₹’ symbol. The ‘₹’ symbol will have design of grains, which will depict the agricultural dominance of the country and the surrounding design consist 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 vertically between ‘Sagar Samrat’ and language panel in international number.
New Re 1 note color
The new currency note will be predominantly pink green on the obverse and reverse in combination with others. They will be rectangular in size with 9.7 x 6.3 cm dimensions.
(With inputs from zeebiz.com)