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Submitted to:- Submitted by:-

Mr. Prashant
Sahoo
• Sunil Chungade
• Hiraman
Delmade
• Kavita Nakod
New Indian Rupee
Symbol.
Udaya Kumar
IIT Student
Kumar's entry was chosen from 3,000 designs
competing for the currency symbol. He will get an
award of Rs 2.5 lakh.

"It is a perfect blend of Indian and Roman letters


capital 'R' and Devanagri 'Ra' which represents
rupaiah, to appeal to international and Indian
audiences... My design is based on the tricolour,
with two lines at the top and white space in
between," a visibly-happy Kumar said.
"It's a big statement on the Indian currency... The
symbol would lend a distinctive character and
identity to the currency and further highlight the
strength and global face of the Indian economy,"
Ambika Soni (Information and Broadcasting
Minister)
Unicode standard

Software industry experts feel that adoption of the


new rupee symbol could take up to 18-24 months.
As a first step, the new symbol will have to be
included in the Unicode standard — an international
encoding scheme used to uniquely identify
characters.
Indian script Code for
Information Interchange
(ISCII).
The symbol will also be included in the Indian
standard – Indian script Code for Information
Interchange (ISCII). The ISCII specifies various
codes for Indian languages for processing on
computers along with keyboard layouts.
Need of currency symbol

A symbolic representation of type


of currency used.
It shouldn’t be confused with the name for
different types of money.
Euro or dollar are not symbols but actual
names.
a currency symbol may be used to represent
more than one country’s money.
Benefits of the new rupee
symbol
Easier account convertibility.
1)

2) More capital flow.


3) A hopeful change.
Growth prospect.
Price stability.
Financial stability of the Indian economy.
Its a great moment in Indian
history our currency, the Rupee,
now has its own symbol.

Thank you……

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