Ministry of Finance has decided to introduce another new currency. This time it is a Rs 100 coin. Apart from this, the face of Rs 10 and Rs 5 coins will also change.
Government of India, in a notification said, “The ministry in exercise of the powers conferred by clauses (d) and (e) of sub-section (2) of section 24 of the Coinage Act, 2011 (11 of 2011), the Central Government, has decided to coined Rs 100 – which are presently distributed in notes form, and introduce Rs 10 and Rs 5 coins with new features at the Mint for issue under the authority of the Central Government to commemorate the occasion of Birth Centenary of Dr. M. S. Subbulakshmi and Dr. M.G. Ramachandran Birth Centenary.”
Rs 100 coins will be launched in two format first one baring the mark of Dr. M. S. Subbulakshmi and the second one barring of Dr. M.G. Ramachandran Birth Centenary.
Rs 5 coins will have Dr. M.G. Ramachandran Birth Centenary mark and Rs 10 coins will have Dr. M. S. Subbulakshmi mark.
Rs 100 coin features: