India gets a new symbol to denote the currency ‘Rupee’. Earlier we used to denote Indian currency in terms of ‘Rs’ which stands for Rupees and while mentioning a single rupee, we used to denote it as ‘Re’ which stands for Rupee. In the near future, this is going to change to a new symbol much like Dollar, Pound, Yen, Euro and other currencies.
So, how is it going to look like?
The symbol adjacent to this text is going to be the next new symbol of Indian currency, the Rupee.
Udaya Kumar, an IIT alumni is the designer of this symbol and his name is going into the footnotes of Indian History. He has also won the prize money of Rs.2.5 lakh as his design has been chosen to represent the currency of one of the ‘developing’ countries in the world.
Kumar’s symbol is a well composed mixture of ‘Ra’ from Devanagari script and ‘R’ from the Roman capitals. Indian Finance Minister has approved the design and quoted that this reflects and captures Indian ethos and cultures.
What does the symbol mean and signify?
Kumar’s concept, an official said, is based on the Tricolour and “arithmetic equivalence”. While the white space between the two horizontal lines gives the impression of the national flag with the Ashok Chakra, the two bold parallel lines stand for ‘equals to’, representing balance in the economy, both within and with other economies of the world.
Other interesting facts related to India:
1. 3 Month old baby dipped in hot water to please Gods.
2. Grooms get kidnapped by Brides to get married.
3. Indian voters can vote or not vote based on this strange rule.
Let me know whether you liked the new design of Indian Rupee.
I really loved the new symbol. Its nice and give some good reflection to Eastern script and culture.
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Rupee has become the fifth currency after Dollar($) , Pound (£), Euro(€) and Yen(¥) to have its own symbol.
Proud to be an Indian