Miscellaneous - This Day That Age   

dated January 18, 1957: Decimal coins

Arrangements are in progress for a switchover to the decimal coinage from April 1, 1957 - the date on which new coins are to be put into circulation. According to a circular from the Comptroller and Auditor-General of India, Government accounting with effect from April 1, 1957 is to be maintained in terms of rupees and naye paise instead of rupees, annas and pies. All chalans in support of money tendered in payment of Government dues are, therefore, to be expressed in the new coinage. Similarly, all bills for withdrawals also are to be expressed in terms of rupees and naye paise.

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