The Hindu : National : Ten-rupee coin soon

Online edition of India's National Newspaper
Thursday, Sep 30, 2004

National

National

Ten-rupee coin soon

By Our Special Correspondent

NEW DELHI, SEPT. 29. The Government today decided to come out with a ten-rupee coin at a meeting of the Cabinet Committee on Economic Affairs chaired by the Prime Minister, Manmohan Singh.It was also decided to mint a new series of coins for Rs. 5 and other denominations already in circulation. The National Institute of Design, Ahmedabad, has prepared three designs and themes for the new series — `unity in diversity', `mudras from Bharatanatyam' and `connectivity and information technology'.

The new themes will be printed on the reverse side of the coins. The obverse side will carry the Lion capital as well as the denomination in prominent roman numerals. The move is aimed at reducing the intrinsic value of the coins from their face value and taking care of security features against counterfeiting, apart from enabling easier identification.

An official release said notes of Rs. 10 denomination would continue to be printed and circulated, though in reduced quantity. The 10-rupee coin was being introduced to supplement the demand for the notes.

TB control

The CCEA also decided to extend the World Bank-assisted Revised National TB Control Programme by one and a half years and approved the establishment of a transmission system for the Kahalgaon stage II project in Bihar at an estimated cost of Rs. 1,770 crores.

Earlier, a Cabinet meeting decided to accede to the Hague Convention abolishing the requirement of legalisation for foreign public documents. The move will simplify the procedure for authentication of public documents that are to be produced abroad, as documents certified by the Ministry of External Affairs would be accepted without further verification in all the countries that were parties to the Convention. At present, 84 countries are parties to the Convention.

These include countries with substantial population of NRIs and PIOs, as well as countries with whom India has close trade and economic relations, such as the United States, United Kingdom, Canada, Malaysia, Australia and Germany.

The Cabinet also approved the signing of an extradition treaty with South Korea to provide a legal framework for the extradition of terrorists and other criminals from that country and gave post-facto approvals for tourism cooperation agreements already been signed with Thailand and Brazil.

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