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Centre to launch Rs 75 coin to mark new Parliament building’s inauguration

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Centre to launch Rs 75 coin to mark new Parliament building’s inauguration

Centre to launch Rs 75 coin to mark new Parliament building’s inauguration
May 26
10:31 2023

NEW DELHI,MAY 26 : The Ministry of Finance on Thursday said it would launch Rs 75 coin to mark the launch of the new Parliament building.

The coin will bear the inscription Parliament Complex and the image of the new Parliament building, the ministry stated.

According to the ministry’s notification, the Rs 75 coin will be circular in shape and will have a diameter of 44 millimeters.

Further, it would also have 200 serrations along the edges, the ministry said, adding the coin will be composed of a quaternary alloy, with 50 percent silver, 40 percent copper, 5 percent nickel, and 5 percent zinc.

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The year “2023” will also be inscribed in international numerals below the image of the Parliament Complex.

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Meanwhile, as many as 25 parties are expected to attend the inauguration of the new Parliament building by Prime Minister Narendra Modi on Sunday, even as 20 opposition parties have decided to boycott the event.

Apart from the 18 members of the ruling National Democratic Alliance (NDA), including the BJP, seven non-NDA parties will attend the ceremony, going by their stated position on the issue which has snowballed into another political flashpoint between the ruling and opposition camps.

The BSP, Shiromani Akali Dal, Janata Dal (Secular), Lok Janshakti Party (Ram Vilas), YSR Congress, BJD and TDP are the seven non-NDA parties expected to be present at the event.

The presence of these seven parties, which together account for 50 MPs in the Lok Sabha, will be a major relief for the BJP-led NDA. Their participation will help the NDA blunt the Opposition’s charge that it is all a government event.

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Besides the BJP, the 18 NDA members include Shiv Sena, National People’s Party, Nationalist Democratic Progressive Party, Sikkim Krantikari Morcha, Jannayak Janata Party, AIDMK, IMKMK, AJSU, RPI, Mizo National Front, Tamil Maanila Congress, ITFT (Tripura), Bodo People’s Party, Pattali Makkal Kacchi, MGP, Apna Dal and AGP, alliance leaders said.

Nineteen parties, including the Congress, Left, TMC, SP and AAP, have come together to jointly announce the boycott, saying they find no value in a new building when the “soul of democracy has been sucked out”.

They have also protested the decision that Prime Minister Narendra Modi would inaugurate the building, claiming this was an insult to the highest constitutional office of the President of India.

-PTI

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