Government announces new Rs 20 coin: Things to know

Government announces new Rs 20 coin: Things to know

TIMESOFINDIA.COM | Updated: Mar 7, 2019, 12:44 IST

HIGHLIGHTS

  • The outside diameter of new Rs 20 coin will be 27mm and it will weigh 8.54 grams, a notification from the finance ministry stated
  • Prime Minister Narendra Modi released the new series of "visually impaired friendly circulation" coins (Re 1, Rs 2, Rs 5, Rs 10 and Rs 20)
NEW DELHI: In a first, the government has announced new 
Rs 20 coin
 which will be shaped like a 12-edged polygon (dodecagon). The outside diameter of new Rs 20 coin will be 27mm (millimeters) and it will weigh 8.54 grams, a notification from the finance ministry stated. The composition of the new coin will be 65 per cent copper, 15 per cent zinc and 20 per cent nickel for the outer ring, while the inner ring (centre piece) will be 75 per cent copper, 20 per cent zinc and five per cent nickel.

Prime Minister Narendra Modi on Thursday released the new series of "visually impaired friendly circulation" coins (Re 1, Rs 2, Rs 5, Rs 10 and Rs 20). Except for the Rs 20 coin, the rest of the denominations will be round in shape.


Releasing the new series, the Prime Minister said that the government is guided by the vision of reaching the last mile and the last person. He added that the new series of coins have been designed and released keeping that vision in mind.

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