Indian rupee sign


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The Indian rupee sign sign: ₹; code: INR is the currency sign for the Indian rupee, the official currency of India Designed by D Udaya Kumar, it was presented to the public by the Government of India on 15 July 2010,[1] following its selection through an “open” competition among Indian residents The symbol uses U+20B9 ₹ INDIAN RUPEE SIGN Unicode character Before its adoption, the most commonly used symbols for the rupee were Rs, Re or, if the text was in an Indian language, an appropriate abbreviation in that language The new sign relates solely to the Indian rupee; other countries that use a rupee, such as Sri Lanka, Pakistan and Nepal, still use the generic U+20A8 ₨ RUPEE SIGN characterThe rupee was historically divided into 16 annas, but was decimalised in 1957 and is now theoretically divided into 100 paise However, as of 2011, only 50 paise coins are legal tender[2]

The design resembles both the Devanagari letter "र" ra and the Latin capital letter "R", with a double horizontal line at the top

Contents

  • 1 Origin
  • 2 Design
  • 3 Approval
  • 4 Controversy
  • 5 Usage
  • 6 Unicode
  • 7 See also
  • 8 References
  • 9 External links

Origin

On 5 March 2009, the Indian government announced a contest to create a sign for the Indian rupee[3][4] During the 2010 Union Budget, then Union Finance Minister Pranab Mukherjee said that the proposed sign should reflect and capture the Indian ethos and culture[5] From around 3,331 responses received, five symbols were shortlisted[6] These were the entries from Nondita Correa-Mehrotra, Hitesh Padmashali, Shibin KK, Shahrukh J Irani, and D Udaya Kumar[7][8] and one of them was due to be selected at the Union Council of Ministers of India meeting held on 24 June 2010[9] However, the decision was deferred at the request of the Finance Minister,[5] and the final decision was made when that met again on 15 July 2010,[1] when they chose the symbol created by Udaya Kumar, Associate Professor IIT Guwahati[10]

Design

The new sign is a combination of the Devanagari letter "र" ra and the Latin capital letter "R" without its vertical bar similar to the R rotunda The parallel lines at the top with white space between them are said to make an allusion to the tricolor Indian flag[11] and also depict an equality sign that symbolizes the nation's desire to reduce economic disparity[12]

The final selected symbol was designed by D Udaya Kumar, a Bachelor of Architecture and visual design student at the Industrial Design Centre, IIT Bombay The thoughts and philosophy behind the design are explained in this presentation[13]

Approval

On 26 August 2010 Ministry of Finance and Department of Economic Affairs of the Government of India had finally approved the sign The approval was given by Sushil Kumar, Under Secretary of the Government of India[14]

Controversy

The Indian rupee sign selection process was challenged in the Delhi High Court,[15] by petitioner Rakesh Kumar, who was a participant in the competition, described the process as “full of discrepancies” and “flawed”, and named the Finance Ministry and the chairman of Indian Rupee Symbol Selection Committee as respondents[15] On 26 November 2010, the Delhi High Court single bench dismissed the writ petition, stating there was no justifiable ground for the stated allegations[16]

But later The Hon’ble High Court of Delhi, on 30 January 2013, in WP c 2449/2012 titled Rakesh Kumar Singh Vs Union of India PIL filed through lawyer Kamal Kumar Pandey, listed before the Division bench of Hon’ble Chief Justice and VKJain J, taking cognizance of and in view of the irregularities and arbitrariness involved in Public Competitions Indian Rupee, UIDAI, I Mark, Indian railway for Common Wealth, RTI for designing Symbols/Logos or designing Logos by other methods of important national bodies/institutions, in their historic judgment directed all the ministries of the Government of India to formulate/prepare guidelines to ensure transparency, wider participation of public and also that such guidelines should be of uniform nature and in uniformity with each others

On 11 April 2013 Finance Ministry formed the guidelines for conducting public competitions for design of symbol/logo

Usage

New two-rupee coin with the Rupee sign

Upon the symbol’s adoption in July 2010, the Indian government said it would try to adopt the sign within six months in the country and globally within 18 to 24 months[1]

Major banks have also started printing cheques with the new Indian rupee sign, where the traditional ₨ sign was used The Indian Postal Department also started printing postage stamps with this new Indian rupee sign, when it issued the Commonwealth Games commemorative stamps on 3 October 2010[17] In his budget speech on 28 February 2011, the finance minister, Pranab Mukherjee, announced that the sign will be incorporated in future coin issues[18] Coins of denomination of ₹ 1, ₹ 2, ₹ 5 and ₹ 10 with the new rupee symbol have been put into circulation[19][20] As of January 2012, the new Indian rupee sign has been incorporated in the currency notes in the denominations of ₹ 10, ₹ 100, ₹ 500 and ₹ 1000[21][22][23][24] and as of 12 April 2012 this was extended to denominations of ₹ 20 and ₹ 50[25]

Unicode

On 10 August 2010, the Unicode Technical Committee accepted the proposed code position U+20B9 ₹ INDIAN RUPEE SIGN HTML ₹ · graphic:[26] The character has been encoded in the Unicode 60, and named distinctly from the existing character U+20A8 ₨ RUPEE SIGN HTML ₨, which will continue to be available as the generic rupee sign[27][28]

Ubuntu became the first operating system to support the Indian rupee symbol by default Since its 1010 version it has supported the symbol out of the box,[29] as it was added to the Ubuntu font family by a contributor[30] Since then, it has been included in various GNU/Linux distributions

On 18 May 2011, Microsoft released an update KB2496898[31] to Windows Vista, Windows Server 2008, Windows 7 and Windows Server 2008 R2 operating systems to include support for this new Indian rupee symbol With the Windows update, it is now possible to use alt code text entry to obtain the Indian Rupee symbol – Alt 8377 On systems running Windows 8, the symbol can be typed using the English India keyboard layout with the key combination Alt Gr+4

Apple Inc has added support for the rupee symbol with iOS 7 Mac OS X Lion 107 also includes the new Indian rupee symbol and can be found in the Character Viewer As of Mac OS X Mountain Lion 108, users using the Devanagari keyboard can enter the new Indian rupee symbol by typing Option/Alt+4 a combination that yields the Cent symbol on a US keyboard layout

Sailfish OS also provides the symbol in its default keyboard

See also

  • Currency sign
  • Generic rupee sign

References

  1. ^ a b c "Cabinet approves new rupee symbol" Times of India 15 July 2010 Retrieved 15 July 2010  Cite error: Invalid <ref> tag; name "Final_symbol" defined multiple times with different content see the help page
  2. ^ "25 paise and below coins not acceptable from June 30" Times of India Bennett, Coleman & Co 30 December 2010 Retrieved 27 September 2016 
  3. ^ http://finminnicin/the_ministry/dept_eco_affairs/currency_coinage/Comp_Designpdf COMPETITION FOR DESIGN
  4. ^ "India seeks global symbol for rupee" Hindustan Times 6 March 2009 Retrieved 7 March 2009 
  5. ^ a b "Cabinet defers decision on rupee symbol" Sify Finance 24 June 2010 Retrieved 10 July 2010  Cite error: Invalid <ref> tag; name "PTI_symbol" defined multiple times with different content see the help page
  6. ^ "List of Five Entries which have been selected for Final" Ministry of Finance, Govt of India Archived from the original on 11 July 2010 Retrieved 15 July 2010 
  7. ^ "Rupee: Which of the 5 final designs do you like" Rediff Business 16 June 2010 Retrieved 26 July 2010 
  8. ^ "List of Five Entries which have been selected for Final" Ministry of Finance, Govt of India Archived from the original on 11 July 2010 Retrieved 15 July 2010 
  9. ^ "Rupee to get a symbol today!" Money Controlcom 26 February 2010 Retrieved 10 July 2010 
  10. ^ IITG Department of Design
  11. ^ "Indian Rupee Joins Elite Currency Club" Theworldreportercom 17 July 2010 
  12. ^ http://wwwidciitbacin/events/Indian_Rupee_Symbolpdf
  13. ^ Ruppe book 3indd
  14. ^ approval by Ministry of finance Approval of Indian Rupee symbol PDF Retrieved 1 August 2015 
  15. ^ a b Nair, Harish V 23 November 2010 "'Rs' selection process challenged in High Cout [sic]" Hindustan Times Retrieved 25 November 2010 
  16. ^ "WPC No 7915 of 2010 & CMs 20440-41/2010" Scribd Retrieved 28 February 2011 
  17. ^ http://wwwindiapostgovin/netscape/Stamps2010html Indian stamp issues 2010
  18. ^ http://wwwthestatesmannet/indexphpoption=com_content&view=article&id=360686&catid=40 Coins with new Rupee symbol soon
  19. ^ "Issue of new series of Coins" RBI Retrieved 4 November 2011 
  20. ^ "This numismatist lays hands on coins with Rupee symbol" Times of India 29 August 2011 Retrieved 4 November 2011 
  21. ^ "Issue of ₹10 Banknotes with incorporation of Rupee symbol" RBI Retrieved 23 January 2012 
  22. ^ "Issue of ₹ 500 Banknotes with incorporation of Rupee symbol" RBI Retrieved 23 January 2012 
  23. ^ "Issue of ₹ 1000 Banknotes with incorporation of Rupee symbol" RBI Retrieved 23 January 2012 
  24. ^ "Issue of ₹ 100 Banknotes with incorporation of Rupee symbol" RBI Retrieved 23 January 2012 
  25. ^ "RBI to issue Rs 20 and Rs 50 notes with the new rupee symbol" Economic Times 12 April 2012 Retrieved 30 April 2012 
  26. ^ Michael Everson 19 July 2010 "Proposal to encode the INDIAN RUPEE SIGN in the UCS" PDF Retrieved 30 July 2010 
  27. ^ Unicode Currency Chart
  28. ^ U+20B9: Rupee gets Unicode identity
  29. ^ The Ubuntu Font, now with added Rupee
  30. ^ The Indian Rupee sign
  31. ^ An update to support the new currency symbol for the Indian Rupee

External links

  • Udaya Kumar's design proposal for the Indian rupee sign
  • Official announcement of the sign
  • WebRupee ₹ Drupal Project
  • rupyaINR, guidance for use of the Indian Rupee Symbol on the web


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