Here's All You Need to Know About the New Rs 100 Coins

Marco Green
September 13, 2017

Palaniswami on Wednesday thanked Prime Minister Narendra Modi for the central government's decision to issue commemorative coins to mark the birth centenary of Bharat Ratna M.G. Ramachandran (MGR). Ramachandran, popularly known as "MGR", was the founder of All India Anna Dravida Munnetra Kazhagam (AIADMK) party, now ruling in Tamil Nadu. The reverse will have MGR's portrait, with his name and "1917-2017" inscribed.

The central government will commemorate MGR's birth centenary by introducing Rs 100 coins.

The reproduction of the story/photograph in any form will be liable for legal action.

The new Rs 5 coins will be 23 millimetres in diameter and it will weigh 6 grams. The year "1917-2017" will be flanked below the portrait of Dr M.G. Ramachandran, said the finance ministry notification issued in this regard.

The Rs 100 coin will be 44 millimetre in diameter and will be made up of silver, copper, nickel and zinc.

It will have the country's national symbol, the Ashoka Pillar, embossed on the obverse in the centre and the phrase "Satyamev Jayate" inscribed below in Devnagari script. He was the founder of All India Anna Dravida Munnetra Kazhagam (AIADMK) party, now ruling in Tamil Nadu. News agency PTI reports that along with Rs 100, Rs 5 coin will also be issued by the government. A new Rs 10 coin will be released remembering classical singer M. S. Subbulakshmi, who hails from the same state. Currently, in India, coins of denominations of 10 paise, 20 paise, 25 paise, 50 paise, one rupee, two rupees and five rupees are available.

Other reports by Click Lancashire

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