New Indian Coins Released By Indian Government
Indian government has issued coins of Rs 150 denomination for the first time in the country
to mark the end of the income tax department’s 150th year.
“Two hundred coins will be minted in Rs 150 denomination,” said an official.
The Rs 150 coin has an international design with Satyameva jayate and ‘India’ inscribed on
the front with a portrait of Chanakya with lotus and honeybee on the reverse.
The etching represents the Mauryan statesman’s famous quote:
“Ideally, governments should collect taxes like a honeybee, which sucks just the right
amount of honey from the flower so that both can survive.”
Finance minister Pranab Mukherjee on Saturday inaugurated the 44-millimetre coin of an
alloy of silver, copper, nickel and zinc.
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