Rupee to get an Identification Symbol finally!!

by Amandeep Singh

in Latest News

The Indian rupee has never had a symbol and this is the reason why the Indian government has decided to invite designs from the Indian public and judge by the number of entries received. According to the reports, the response has been phenomenal.

Major currencies of the world like the US dollar, the pound sterling, the yen and the euro among others, have an identification symbol.

The Indian rupee, however, does not. In February this year, the Finance Ministry invited Indian residents to participate in a competition for designing a ‘symbol for the Indian rupee’. Government officials have told CNBC-TV18 that as many 2,500 entries have been received from across the country.

While the designs are under the wraps for the moment, a seven-member committee will soon meet for the first time to short list five entries. The committee is headed by a Reserve Bank of India (RBI) Deputy Governor and will scrutinise the designs before choosing the final one.

The Finance Ministry has said that the symbol should represent the historical and cultural ethos of India and be widely accepted across the country. It has also said that the symbol should be applicable to a standard computer keyboard. The symbol will also have to be in the Indian national language script or a visual representation.

Finalising the chosen design will take a few months, but once the process is over, the Indian rupee will finally have a symbol – befitting its status as the currency of a rising economic power.

{ 7 comments… read them below or add one }

Rakesh Kr singh February 22, 2010 at 4:50 pm

Shri Sushil Kumar, Under Secretary to the Govt. of India & CPIO vide latter no.F.No. 3/40/09-Cy Dated 7th January, 2010 had given me Information under RTI Act, 2005
Que. 1 Name, Professian & Home State of all the member of jury
Ans.
(i) Smt. Usha Thorat, Deputy Governor, RBI, Mumbai-Chairman.
(ii) Shri K.V. Eapen, Joint Secretary, Deptt. of Financial Services, Ministry of Finance, New Delhi.
(iii) Ms. T. Kumar, Joint Secretary, Ministry of Culture, New Delhi.
(iv) Smt. Aditi Mehta, Joint Secretary, Indira Gandhi national Center for Arts New Delhi.
(v)Shri Anil Sinha, Chairperson, Integrated Desgin Services and Industry Programmes & Projects, National Institute of Design, Ahmedabad.
(vi) Professor Hemant Nagdive, Director, JJ School of Arts, Mumbai.
(vii) Shri Bazil Shaikh, Chief General Manager, RBI, Mumbai.
Que. 2-How meny desins received in hindi/English & other languages out of eligible 2644 designs.
Ans -The Designs do not have any Language, it is the shape (Drawing) only.
Que. 3-How meny meetings when , where & each date of meeting, time taken for the meeting & average time of applicant design taken reg. Totat entries of evaluation ?
Ans. Meetings of Jury were held on 29/30 September, 2009 in Indira Gandhi National Centre for Arts, New Delhi and on 16th November, 2009 in Reserve Bank of India, New Delhi for evaluation of entries. The meetings on 29th and 30th September were from 10.00AM to 5.00PM and the meeting meeting on 16th November was from 2.00 PM to 5.00PM
Que. 4- Total received deigns and total of rejects deigns?
Ans. There are 3331 eligible entries out of which five final entries were selected by the jury.
Que. 7- The script of applicant which in Hindi language be translate in other language presents before jury.
Ans. Only symbol of the applicant was presented to the Jury for selection.
Que. 10- Explain briefly the rule (hindi-MANAK) of as widely accepting across the INDIA.
Ans. The criteria adopted by the Jury in selecting the symbol was that the symbol should represent the historical and cultural ethos of the country as widely accepted across the Country and that the symbol has to be in the Indian National Language script or a visual representation. The second stage of selection focused on finer details such as whether the symbol
(i) is distinct;
(ii)can evoke a ready recall in India as well as internationally;
(iii) is not unduly cluttered, i.e. simplicity;
(iv) has strength of design;
(v) is easy to write and typecast; and
(vi) has integrity, unity of form and compact look
Que. 11-The Biodata of eligible design put-up before jury or Coding Procedure in applied?
Ans. Coding procedure was adopted.

SHRI SURJIT SINGH, Director & Appellate Authority Government of India Ministry of Finance Department of Economic Affairs North Bloc, New Delhi-1 F.No. 3/4/2010-RTI Dated 12th February, 2010 had given me Information under RTI Act, 2005.
(Reg. The Symbol for Indian rupee competition)
BFFORE THE FIRST APPELLATE AUTHORITY UNDER SECTION 19[1]
OF THE RIGHT TO INFORMATION ACT, 2005
In the matter of:
APPEAL PREFERRED BY SHRI RAKESH KUMAR SINGH AGAINST THE ORDER DATED 7TH JANUARY 2010 OF CPIO, DEA.
ORDER
This appeal has been filed by Shri Rakesh kumar singh against the order dated 7.1.2020 of the CPIO of Department of Economic Affairs.

2. In his application dated 14-12-2009 addressed to the CPIO, the applicant had sought information on 14 points relating to the competition of symbol of Indian rupee. The CPIO furnished the information on 7-1-2010. The appellant is not satisfied with the information furnished on 3 points, i.e. Point No. 1, 4 & 13 and hence this appeal on these points.
3. Comments of CPIO have been invited. The points on which the appellant is not satisfied with the reply of the CPIO and the factual position is discussed in the succeeding paragraphs.
4. In point No.1 of his application, the applicant had asked in information about the name, profession and the home-state of the members of Jury appointed by the Government for finalisation of the design of Indian Rupee. The CPIO furnished the name/designation of the member of the jury along with the organization and place where the organization is located. The information relating to home-state of the member is not maintained and as such this information cannot be provided.
5. In point No.4, the applicant had asked information as to the number of total designs received and out of those how many have been rejected. The CPIO informed him that there were 3,331 eligible entries, out of which 5 Final entries were selected by the Jury. This should satisfy the query of the applicant.
6. In point No. 13, applicant had sought information about the date and mode of information to the contestants about the selection of 5 designs. The CPIO had informed him that final result is yet to be decided. In the comments, CPIO had intimated that the information to the selected contestants was sent on 25-11-2009 through letter. This information was also posted on the website of the Ministry in December 2009. This should satisfy the query of the applicant.
7. In view of above observations, the appeal is disposed off.
My name Rakesh Kr singh Mb. 09450456464

Reply

AMARJEET SINGH March 13, 2010 at 3:35 am

WHAT A JOKE IT WAS ???
WHY THEY DO NOT THINK TO INSERT A NEW SYMBOL IN KEYBOARD ?
THE PRESENT KEYBOARD COULD BE MODIFIED ACCORDING TO THE RUPEES SYMBOL…..THUS WE GOT THE INNOVATIVE “RUPEES SYMBOL” & THE ART INVOLVE THERE.
OTHERWISE THEY MAKE US FOOL IN THE NAME OF CULTURE,PATRIOT BLAH..BLAH. FROM STANDARD KEYBOARD………IMPOSSIBLE.

Reply

Amandeep Singh March 31, 2010 at 1:07 am

Thanks a lot for sharing your views Amarjeet. You are very right and I totally agree with you. Go to UK and you will find £ in the keyboard, We follow the keyboard that has only $ in it. If at all we will have the symbol, then the question rises to modify the keyboard. But all these are covered with the dust of Politics…

Reply

r March 22, 2010 at 3:39 pm

1. Hindustan Times reported about “Indian Rupee Design Scam”
Hindustan Times Hindi- Lucknow 18 March
http://img718.imageshack.us/img718/2905/18sec.jpg
Hindustan Times Hindi- Lucknow 19 March
http://img233.yfrog.com/i/19marhindustan.jpg/
2. The Economic Times Hindi New Delhi 22-03-10
http://img138.yfrog.com/i/22032010016.jpg/

Reply

Amandeep Singh March 24, 2010 at 5:06 am

Thanks a lot for sharing these links 🙂

Reply

ANIL BUDDHASENPATEL March 31, 2010 at 8:29 pm

R B I
We have submitted the symbol for Indian Ruppes. We have selected in final and semi final list, it was selected at 172 no. But the final list of 5 person is not correct. The symbol which we have made is best and meaningful also and it is appropiate for symbol. I am against the Result of RBI, Ministry of financy I request to recheck the symbol once again So that the correct symbol is selected.

We have tried our level best to make the best symbol for Indian Rupee but unfortunately it was not selected in final.
Please let us know what your expectations are about symbolWe will try to make more symbols which can be better than the symbol selected.
Giving two more symbols (As per sequence I and II symbol) for your consideration.
We will be highly obliged if you revert our mail
Buddhasen Anil Patel,Kiran Dhoble
387A,Seth Mishrilal Nagar
Dewas(MP)455001
Mobile No.09893555703
ACORDING TO RTI ACT ALL SELLECTION PROCESS I WANT TO COMPLETEV INFORMATION SYMBOL OF INDIAN RUPPES. PLEASE TAKE TO ACTION APTO WHEN I M NOT SATAIFIED WITH RESULT.THERE SHOULD BE NO SELECTION BECAUSE OUR SYMBOL WAS MOST BEAUTIFUL AND INDIA NEED IT THEREFORE YOUR FINAL DECISON MUST BE BROKEN
I HOPE YOU WILL CHANGE DECISON BY MY REQUEST

BUDDHASEN ANIL PATEL PATEL
387A Seth Mishrilal Nagar dewas (MP) 455001
Email: buddhasenpatel@gmail.com MOB. 9893555703

BUDDHASEN ANIL PATEL PATEL
387A Seth Mishrilal Nagar dewas (MP) 455001
Email: buddhasenpatel@gmail.com MOB. 9893555703
9893555703

Reply

r April 3, 2010 at 8:10 pm

INR Symbol scam?
लगी खेलने लेखनी, सुख-सुविधा के खेल।
फिर सत्ता की नाक में, डाले कौन नकेल।।

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