Rupee Symbol of India or Indian Rupee Symbol going to change by Central government of India and RBI as the government a year back has been announced contest to design the symbol and the winning entry whose design of Rupee Symbol of India or Indian Rupee Symbol selected will get Rs 2,50,000. The Union Cabinet will today decide on the symbol for Indian Rupee, a privilege (unique identity) available only to major currencies like dollar, euro, pound, sterling and yen.
Central government of India, Reserve Bank of India (RBI) and Indian finance ministry has short-listed some new Indian rupee symbol from the contest across the globe. The five shortlisted designs are unique and contemporary. Some of them reflect the Devanagari script ‘R’ crossed with lines. The selected designs are simple, easy to write and are designed to appeal to the Indian and international community.
The proposal for the new Indian rupee symbol contest which was announced by Finance Minister Pranab Mukherjee in 2009 in Indian budget session in parliament also said to be encouraged by the growing influence of the Indian economy in the global arena.
Before one year Indian Government announced contest to design the new rupee symbol which winning entry gets prize money of Rs 2,50,000 and the most important criterion for the new rupee symbol selections were:-
1. The symbol should be applicable to standard keyboard.
2. The symbol has to be in the Indian National Language Script or a visual representation.
3. The symbol should represent the historical & cultural ethos of the country as widely accepted across the country.
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