Union Ministry of Finance has notified ‘Printing of One Rupee Currency Notes Rules, 2020’

Union Ministry of Finance has notified ‘Printing of One Rupee Currency Notes Rules, 2020’
  • The Union Ministry of Finance has notified ‘Printing of One Rupee Currency Notes Rules, 2020’ which will feature bilingual signature of Shri Atanu Chakraborty, Secretary, Ministry of Finance.
Features of One Rupee Note as per ‘Printing of One Rupee Currency Notes Rules, 2020’
  • It shall be rectangular 9.7 x 6.3 cms, with its paper made of 100% (cotton) rag content.
  • The note will be 110 microns thick, weighing 90 GSM (Grams per Square Meter).
  • The pink greencolour note will have a design of grains, which depicts the “agricultural dominance of the country”.
  • The design surrounding will be of the Sagar Samrat, which is an oil exploration rig.

Facts about Re 1 note

  • The one-rupee note was introduced by the British on November 30, 1917 when currency notes in India were introduced in 1861.
  • In 1949, Government of India brought out the new design Re 1 note. The King’s portrait of the note was replaced by the Lion Capital at Sarnath.
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