The Indian government recently on the very special occasion released a special commemorative coin which is a way for government to honor significant past achievements, milestones and events that was happened. The Rs. 75 coin to mark the 75th year of the National Cadet Corps (NCC) and the inauguration of the new Parliament building which was first parliament building constructed after independent.
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- The coin depict several features such as the image of that Lion Capital which is at the center of the coin was taken from the Ashoka Pillar .
- The words is mentioned on the coin i.e, ‘Bharat’ on left side and ‘INDIA ‘ on right side taken from Devanagari script .
- The emblem of the National Cadet Corps, which includes all the three colors of the defence force representing the three selfless services towards their nation(Army, Navy, and Air Force) with a motto inscribed on it.
- Exactly Below the symbol of Lion Capital, the coin have symbol the rupee ‘₹’ which make denomination value ’75’ in international numerals.
- On the other side of the coin, the most historical image of the Parliament which was newly constructed Complex is depicted which is accompanied by the year ‘2023’ in international numerals.
- This Rs. 75 coin is not a fungible coin because it is a part of the ‘commemorative coins’ category or for collection purpose or not minted with the intended for regular circulation in the market.
- Lastly anyone whoever wish can purchased from the website www.indiagovtmint.in, similar to online shopping.
- The cost of the coin is not yet officially announced by the government, but it is definitely estimated to be higher than the material cost of about Rs. 1,300 to 1400.
- The key purposes of issuing the special commemorative Rs. 75 coin for the 75th year of the National Cadet Corps (NCC) and the inauguration of the new Parliament building are :
- Celebration and Commemoration : NCC’s 75th Anniversary: To honor , prestige and celebrate the 75 years of the NCC’s contributions to the youth development, discipline, and national service which was provided selflessly over the years and years .
- New Parliament Building : To mark and highlight the inauguration of the new Parliament building all across the nation, symbolizing a new era in India’s legislative history and culture.
- Promotion of National Pride : To show and Install the sense of pride and patriotism among citizens by highlighting significant national achievements and milestones which was achieve over a period of time.
- Historical Record : India over the period of time gone through different different historical events and to create a lasting record of important events which took place in past of India’s history, preserved through the issuance of a physical commemorative object.
- Numismatic Interest : There are people who are insane for the collection of unique coin for them also its became important because it adding a unique and significant piece to their collections in art gallery.
- Public Awareness: To bring in the people’s eye and to raise awareness about the NCC’s role in today’s world and the significance of the new Parliament building which was constructed recently among the general public.
- Cultural Significance: India hold diverse culture all across the nation so to reflect India’s diverse and unique cultural heritage and the government’s acknowledgment of key events which happens over the period of time to shape the todays nation.
- Issuing commemorative coins like the special Rs. 75 coin for the 75th year of the National Cadet Corps (NCC) and the inauguration of the new Parliament building can have several long-term benefits :
Cultural and Historical Preservation :
- Historical Record: In today’s world Commemorative coins can serve as tangible artifacts which help in preserve significant events and milestones over the period of time was achieve for future generations.
- Educational Tool: They historical events can be used to educate people and provide ethical as well as some key value towards nation as well as about important historical events, institutions, and national achievements.
Promotion of National Pride and Unity
- Patriotism : Now a day this commemorative coins can foster a sense of national pride and unity in the nation by highlighting shared heritage and accomplishments which was achieve over period of time .
- Awareness : They can raise awareness about the importance of institutions like the NCC and the new Parliament building, promoting civic engagement and understanding.
Economic and Numismatic Value
- Investment: Commemorative coins are preservatives and often appreciate in value over time passes because of its limited addition of Minting , becoming valuable collectibles and investments.
- Numismatic Interest: They attract collectors and enthusiasts, stimulating the numismatic market and encouraging the hobby of coin collecting.
Diplomatic and Cultural Exchange
- International Relations: These coins can be used as diplomatic gifts, enhancing cultural exchange and goodwill between nations.
- Cultural Representation: They represent a nation’s culture and achievements on the global stage, contributing to its cultural diplomacy.
Support for Government and National Programs**:
- Revenue Generation: Sales of commemorative coins can generate revenue for the government, which can be reinvested in national programs and initiatives.
- Public Support: Highlighting significant events and institutions can help in garner public support and appreciation for government initiatives and national programs and also develop sense of pride.
Inspiration for Future Generations
- Role Models: Celebrating institutions like the NCC can inspire young people to participate in national service and community activities.
- Legacy: Commemorative coins create a legacy that future generations can look back on, understanding the values and milestones that shaped their country.
CONCLUSION
The issuance of the special commemorative of Rs. 75 coin to mark the 75th year in the history and the inauguration of the new Parliament building serves multiple significant purposes , achievements and work . It preserves historical and cultural heritage, fosters national pride and unity, and offers educational knowledge all over the nation as well as provide economic benefits in . Additionally, it supports government initiatives and inspires future generations in upcoming time. These long-term benefits highlight the enduring value of commemorative coins in celebrating and remembering important national milestones.
