After a lot of speculation in the media, the government had launched new currency note in the denomination Rs.200 & Rs.50 on Friday 25th August,2017.This is the first time ever in the Indian History Rs.200 Denomination note has launched.
Last month, the State Bank of India Ecowrap report had said that the introduction of Rs 200 note will fill in the “missing middle”even as the new currency in circulation (CIC) has already reached 84 per cent of the pre-demonetisation level.
In exercise of powers conferred by sub-section (1) of section 24 of the RBI Act, 1934 and on the recommendation of the central board of directors of the RBI, the central government hereby specifies the denomination of bank notes of the value of Rs 200 & Rs.50
Rs.200 Denomination Note:
Centre said that Rs 200 note’s specification was being done on the recommendation of the Central Board of Directors of the RBI.
Specification Of The Note:
The Rs 200 note has motif of ‘Sanchi Stupa’ on the reverse, depicting the country’s cultural heritage. It has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse. The notes will be in the Mahatma Gandhi (new) Series, bearing the signature of RBI Governor Urjit R Patel.
The height of the note would be the same as the new Rs 500 notes that were issued post demonetisation. However, the width will be much less. “Dimension of the banknote will be 66 mm x 146 mm,” the RBI said.
The base colour of the Rs 200 note is bright yellow, reminiscent of the now discontinued Rs 2 note.
Front Side(Obverse) The Note Will Have:
See through register with denominational numeral 2002Latent image with denominational numeral 2003Denominational numeral २०० in DevnagariPortrait of Mahatma Gandhi at the centreMicro letters ‘RBI’, ‘भारत’, ‘India’ and ‘200’Windowed security thread with inscriptions ‘भारत’ and RBI with colour shiftColour of the thread changes from green to blue when the note is tiltedGuarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portraitDenominational numeral with Rupee Symbol, ₹ 200 in colour changing ink (green to blue) on bottom rightAshoka Pillar emblem on the right 10. Mahatma Gandhi portrait and electrotype (200) watermarksNumber panel with numerals growing from small to big on the top left side 2 and bottom right side
Reverse Side Of The Note, The Features Will Include:
Year of printing of the note on the leftSwachh Bharat logo with slogan 15Language panelMotif of Sanchi Stupa.
Rs.50 Denomination Note:
The Rs 50 banknotes will bear the motif of ‘Hampi with Chariot’ on the reverse that depicts India’s cultural heritage. The RBI said it will issue these Rs 50 denomination banknotes in the Mahatma Gandhi (new) series.
The new note will have the Ashoka pillar emblem on the right side of the obverse and will bear the year of printing on the reverse side. It will also feature a Swachh Bharat logo with slogan and language panel.
Front(Obverse)Side Of The Note:
Reverse Side Of The Note :
FOR VISUALLY IMPAIRED PERSONS:
For the visually impaired, raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised Identification mark H with micro-text ₹200, four angular bleed lines with two circles in between the lines both on the right and left side.
INDIAN CURRENCY NOTES
1935: Reserve Bank of India formally inaugurated
1938 : First Rs 5 note issued by RBI & subsequently Rs 10, Rs 100 & Rs 1,000 & Rs 10,000 (largest currency denomination ever printed by RBI)
1940: Re 1 note reintroduced as a wartime measure.
1946 : Rs 1,000 & Rs 10,000 notes were taken out of circulation.
1954 : Rs 1,000 & Rs 10,000 notes reintroduced & Rs.5000 note was introduced for the first time.
1978 : Rs 1,000, Rs 5,000 & Rs 10,000 notes deemed illegal for the second time.
1987 : Rs 500 note came into circulation in October.1998 (birth): Rs 1,000 notes reintroduced.
2016 : Rs 1,000 notes taken out of circulation.
2016 : Rs 2,000 currency notes introduced.
2017 : Rs 200 notes has been introduced for the First Time in Indian History.
