Ministry of Finance has issued a notification – Printing of One Rupee Currency Notes Rules, 2020.
Government will print Rs. 1 note with a brand new dimensions, design, color & more.
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As per the new design of Rs 1 note, the obverse side will have the words: ???? ?????? imprinted, right above “Government of India”. Besides, a bilingual signature of Shri Atanu Chakraborty, Secretary, Ministry of Finance will be present as well.
A replica of the new Rupee One coin will be present, with ‘?’ symbol of 2020 issued with ‘??????? ????? and capital Inset letter ‘L’ in numbering panel.
The reverse side will have ‘???? ?????‘ written above the words “Government of India” with the year 2020.
A replica of Rs 1 coin with ‘?‘ sign will also be present in the reverse.
The numbering will be done in black, at the lower right hand corner.
The numbers will be in ascending size of numerals from left to right, and the first 3 alphanumeric characters (prefix) will remain constant in size.
On the reverse of the Re 1 note being printed now, there will be images of grains which will showcase the identity of India as being an agriculture dominated nation.
The surrounding design will depict ‘Sagar Samrat’ the oil exploration platform, and the value of Rs 1 being written in 15 official Indian languages.
Re 1 note is the only note in India which is being printed by Government of India, and not Reserve Bank of India.
This is the reason that the Rs 1 note will have the signature of Finance Secretary and not the Governor of the RBI, which is the norm for other currency notes.
Rs 1 note was first printed in 1917, during the end of World War 1. At that time, coins were minted as well, but due to scarcity of metal, British Government decided to print Rs 1 note.