Jul. 15 - A five-member jury chose a new currency symbol for India today designed by D. Udaya Kumar.
The chosen symbol, one of five short-listed entries, will be submitted to the Cabinet for final approval.The symbol is a combination of the Devanagari ‘Ra’ and the Roman capital ‘R’ that will differentiate India’s rupee from Pakistan, Nepal and Sri Lanka which also use ‘Rs’ to refer to their currency.
“In the ensuing year, we intend to formalize a symbol for the Indian rupee, which reflects and captures the Indian ethos and culture,” said Finance Minister Pranab Mukherjee in a statement last month. “With this, the rupee will join the select club of currencies such as the U.S. dollar, British pound sterling, euro and Japanese yen that have a clear distinguishing identity.”
India wants a distinct design to represent the country’s currency. The search for the new symbol began in a contest announced on March 5, 2009.
The decision for the new symbol was scheduled to made during a Union Cabinet meeting on June 24 but was moved back when the Finance Minister requested more time to study the designs.
Currently, the commonly used symbols for the Indian rupee are Rs.; Re.; रू or ரூ in Tamil language and రూ in Telugu language.
I have a simple objection/criticism. I feel it is too difficult to remember and draw from memory, unlike the US$ or the British Pound.
But, maybe its only me. What do others have to say ???
yes carlos
i guess you are only one having problems remembering the symbol.
its not difficult at all
Well actually, Prateek, I know for a fact that there are several others (Indians, btw) who feel the same way as I do. But, we could be in a minority. Lets await further responses. I will also be checking responses on various websites, in the media, etc, etc.
I guess we’ll all have to upgrade our computer keyboards too. We’ll get used to the symbol though.
I like The Symbol.
In This V Can
You got that Hindi symbol from Wikipedia, didn’t you? It’s wrong. That symbol would be pronounced “Roo” (long-OO, as in ‘rue’), not “ru” (VERY short ‘u’ as in ‘took’ for example).
Carlos, there is NO WAY an Indian can have a problem rememberinr a simbol for R that is actially made of the actual hindi letter for R combined with the western R. The two horizontal lines make it easy to guess that is related to a currency, as the British pound, the Euro and the US dollar also have them.
It is nicely done.. half an R from REAL numbers maybe.. with an equality.. on the top (thats what it looks like to me) simply maths..
the five member jury should release the remaining short listed entries to the press and public so that to know and judge them. when we choosing a national symbol, we have to be carefully annalise the subject , like our national flag which underwent many changes before it became came into existence.
Hernan,
))
I am not freakin’ Spanish or Portuguese. I am a born and bred Bombayite and I can tell you that this symbol will be a PROBLEM. Why don’t we just wait and see, Hernan ??? Of course, imho, this symbol may never even have to be used in India or elsewhere
Shambo,
Carlos de Souza.
Its good symbol, except for the prob tat we need to upadte keyboards etc
I agree with Mr. Ranganathan that the government did not take us into confidence. The symbol is a fait accompli, much like Delhi’s bid for Commonwealth Games, or the decision to build Tata Nano factory in Singrur.
13. Indra
July 21st,2010 at 1.30 p.m.
I like this symbol. It is very easy. I used this symbol from yesterday.
I feel that other 4 symbols should be presented before Indians ,as the symbol is international representation.every symbol should be taken into consideration.
My dear friends, In my opinion this symbol does not reflect ourur culture as well as indian identity. As we all know, most of cabinet minister in our country who has never gone to school and if they went, they had not completed their education. Before deciding the symbol of oun nation, govt should atleast take the opinion of our citizens.
To Vinod Rana,
As regards our ministers going to school or not, how does it really matter ??? Besides, we elect our MP’s ourselves….so we are responsible in a way. Also, a large number of Indians themselves are illiterate. You also have the educated illiterate
Frankly, I don’t have a clue as to which symbol for the Rupee would reflect our culture and identity
I do agree with you, though, that the opinion of ordinary citizens should have been considered. Would have been really cumbersome, though. What would you suggest ??? Take a vote ???
Finally, is this whole exercise really required ???
What is the standing of the Indian Rupee today ??? What do you think it will be 20/30/50 years from today ??? Was it necessary to do it now ???
Shambo,
Carlos
it rocks
it is cool for india
i loveit
My dear friends, In my opinion this symbol does not reflect ourur culture as well as indian identity. As we all know, most of cabinet minister in our country who has never gone to school and if they went, they had not completed their education. Before deciding the symbol of oun nation, govt should atleast take the opinion of our citizens
As regards our ministers going to school or not, how does it really matter ??? Besides, we elect our MP’s ourselves….so we are responsible in a way. Also, a large number of Indians themselves are illiterate. You also have the educated illiterate
Frankly, I don’t have a clue as to which symbol for the Rupee would reflect our culture and identity
I do agree with you, though, that the opinion of ordinary citizens should have been considered. Would have been really cumbersome, though. What would you suggest ??? Take a vote ???
Finally, is this whole exercise really required ???
What is the standing of the Indian Rupee today ??? What do you think it will be 20/30/50 years from today ??? Was it necessary to do it now ???
Shambo,
I feel that other 4 symbols should be presented before Indians ,as the symbol is international representation.every symbol should be taken into consideration.
I like this symbol. It is very easy. I used this symbol from yesterday
am not freakin’ Spanish or Portuguese. I am a born and bred Bombayite and I can tell you that this symbol will be a PROBLEM. Why don’t we just wait and see, Hernan ??? Of course, imho, this symbol may never even have to be used in India or elsewhere ))
Shambo,
very additional font than US, JAPAN, BRITISH …it’s suits on india’s tradition and culture also…
INDIAN SHOULD CREATE A DIFFERENT INDENTITY IN INTERNATIONAL CURRENCY COMPETE.SGUGGESTIVE AND DECISIVE STEPS.
The new indian symbol for corruption!