The Indian Rupeesign ( sign:; code:INR) is the currency sign:for the Indian Rupee, the official currencyof India. Designed by D. Udaya Kumar, it was presented to the public by the Government of Indiaon 15 July 2010, [ 1 ]following its selection through an “open” competition among Indian residents. Before its adoption, the most commonly used symbols for the rupee wereRs,Reor, 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, Pakistanand Nepal, still use the genericU 20A8₨rupee signcharacter. The design resembles both the Devanagari letter ( ra) and the Latincapital letter R, with a double horizontal line at the top. Origin of the symbol On 5 March 2009, the Indian government announced a contest to create a sign for the Indian rupee. [ 2 ] [ 3 ]During the 2010 Union Budget, Finance Minister Pranab Mukherjeesaid that the proposed sign should reflect and capture the Indian ethos and culture. [ 4 ]From around 3,331 responses received, five symbols were shortlisted. [ 5 ]These were the entries from Nondita Correa-Mehrotra, Hitesh Padmashali, Shibin KK, Shahrukh J Irani, and D Udaya Kumar [ 6 ] [ 7 ]and one of them was due to be selected at the Union Council of Ministers of Indiameeting held on 24 June 2010. [ 8 ]However, the decision was deferred at the request of the Finance Minister, [ 4 ]and the final decision was made when they met again on 15 July 2010, [ 1 ]when they chose the symbol created by Udaya Kumar, Associate Professor IIT Guwahati. [ 9 ] Design The new sign is a combination of the Devanagariletter (ra) and the Latincapital 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.
Posted on: Tue, 28 Jan 2014 12:18:17 +0000
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