Business

New Re 1 currency note soon

Pratidin Bureau

The Government of India is all set to introduce a newRe 1 currency note in the market soon. Unlike other notes, the one rupee noteswill be printed by the Ministry of Finance.

A Ministry of Finance Gazette stated, "The new onerupee denomination notes shall come into force from the date of theirpublication in the Official Gazette, i.e. 7 February 2020."

According to reports, the Re 1 note will come with the words 'Bharat Sarkar', above the words 'Government of India'. It will have the replica of new Re 1 coin with '₹' symbol of 2020 issued with 'सत्यमेव जयते' and capital inset letter 'L' in numbering panel. Also, the notes will have the bilingual signature of Atanu Chakraborty, Secretary, Ministry of Finance.

Meanwhile, the new currency note will be predominantlypink green on the obverse and reverse in combination with others. They will berectangular in size with 9.7 x 6.3 cm dimensions.

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