July 15, 2010

India gets its new Rupee symbol

Finally, the Indian Rupee joins the league of the British Pound, US Dollar, Japanese Yen and the Euro! The Government has approved the new symbol for the Indian Rupee which is actually an amalgam of the Devnagiri 'Ra' and the Roman capital 'R' without the stem.

The new Rupee symbol was designed by D. Udaya Kumar, an IIT Assistant Professor who won the national Rupee symbol design contest which received more than 3000 submissions. He adds that he put the horizontal line to symbolize the tricolour. Must say it's really creative and we're all proud of you Prof! :)

Ms. Ambica Soni, the Government Minister said that this symbol will lend a distinctive character and identity to the currency and further highlight the strength and robustness of the Indian economy. It will also help distinguish India's currency from similar or identical sounding names. This was summed by saying the symbol reflects and captures the Indian ethos and culture! Well said Ms. Minister!

This excitement was also evident on Twitter, where the Rupee Symbol was top ranked in Twitter's Top Trending Topics today evening (July 15, 2010, 6pm IST). There's an air of congratulatory tweets and so much is being discussed on the micro-blogging site.

Personally, I think this symbol is really cool, modern and will go a long way with India's progressive growth image! I feel like singing 'Jai ho!', might as well share the song with you which captures the bigger India. Do enjoy it!



Do post a comment below on what you feel about this new Rupee symbol.

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