It is a significant development. Much awaited results are out. Mumbai based IITian’s design was approved.
In the international arena, it will give us a chance to stand along with few others. It, in fact, symbolises our policymaker’s vision. Cause it will give us a chance, apart from other benefits, to brand our symbol and promote it in the international financial circle. It will increase trading in our currency and it will also have positive bearing on investment inflows. Domestically, the promotions to familiarize the symbol will be on. With this we have joined in elite club of those countries which have symbol.
The Unicode process has begun; soon this symbol will appear on our mobiles, laptops, conversion tables etc subject to some approvals from Unicode consortium of which India is the member.
The Indian government has categorically declared that it will not print symbol on our currency
Symbol, Plastic currency and what is next?
Recently RBI has called for global tenders to print our currency in plastic. The plastic currency, compared to paper currency, will endure longer and is difficult to counterfeit. Going by pace, one wonders after, symbol and currency, what is next?
Dear Sir,
ReplyDeleteIt is indeed a pride moment for our great country i.e.Bharatvarsh. Though, late, we have also joined the great country's.The birth of Rupee simbol has really taken our country to greater heights.May long live India.There are no dearth of talented and brilliant people in India.
JAI HIND !!!
MURTHY.KVN.