Results 1 to 12 of 12

Thread: Indian Rupee gets its own symbol

  1. #1
    Regular Zaitsev's Avatar
    Join Date
    31 Jul 09
    Location
    Calcutta
    Posts
    132

    Indian Rupee gets its own symbol

    Our Bureau

    New Delhi, July 15

    The Indian rupee will soon have a distinct and identifiable symbol that would reflect the strength of the over-trillion-dollar economy. The Indian currency will now join an exclusive club of international currencies — the US dollar, the British pound, the Japanese yen and the euro — that have their own symbols.

    The new symbol, which is a blend of the Devanigiri ‘Ra' and roman ‘R', has been designed by Bombay IIT post-graduate Mr D. Udaya Kumar and approved by the Union Cabinet today. Mr Kumar's design was selected from amongst 3,000 entries received in a public competition. The entries were evaluated by a jury headed by the RBI Deputy Governor.

    Showcasing strength

    “It's a big statement on the Indian currency.. It would lend a distinctive character and identity to the currency and further highlight the strength and robustness of the Indian economy as also a favoured destination for global investments,” Ms Ambika Soni, Information & Broadcasting Minister, told reporters after a Cabinet meeting.

    Ms Soni also said that the State Governments would be impressed upon to encourage the use of the new Rupee symbol and proactively promote its use. The symbol would better distinguish the Indian currency from those countries whose currencies are also designated as Rupee or Rupiah, such as Pakistan, Nepal, Sri Lanka and Indonesia, she added.

    The Finance Minister, Mr Pranab Mukherjee said in a statement that India's currency will now have a distinct identity that will be internationally recognised at par with other international currencies like dollar, pound and yen.

    The symbol will not be embossed or printed on currency notes or coins. There will have to be changes to the software packages and keyboards to ensure widespread usage of the symbol.

    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.

    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.

    Ms Soni said that the encoding of the symbol in Indian standards is likely to take about six months.

    After encoding of the symbol in the Unicode Standard and National Standard, the Nasscom will approach software development companies for incorporating the rupee symbol in their software, as a new programme or as an update. This will enable computer users worldwide to use the symbol even if it is not embedded on the keyboards. (much like the euro symbol, which is not embedded in the keyboards in use in India).

    When contacted, a Microsoft spokesperson said that “Once the Unicode consortium gives its nod and vendors get notification of the same, we can include the new symbol in the next release”.

    For incorporating the symbol in the keyboards to be manufactured in India, the Manufacturers' Association for Information Technology (MAIT) will ask its members to make changes in the production process after the Bureau of Indian Standard (BIS) notifies the symbol as the keyboard standard.

    “Once the standards are frozen, it will take us one quarter to integrate the changes in the hardware”, said a spokesperson from HCL Infosystems, a computer maker.

    A TVS Electronics official said that the company would just take a month to get the new keyboards ready (either through a new key or conversion of a functional key into a Rupee key).

    The Hindu Business Line : New rupee symbol reflects strength of economy
    Attached Images Attached Images  

  2. #2
    Armchair Worrier Senior Contributor bolo121's Avatar
    Join Date
    19 Dec 07
    Location
    india
    Posts
    1,810
    Somewhat ugly though dont you think?
    For Gallifrey! For Victory! For the end of time itself!!

  3. #3
    Military Professional dave lukins's Avatar
    Join Date
    04 Jan 07
    Location
    cheshire uk
    Posts
    11,061
    Quote Originally Posted by bolo121 View Post
    Somewhat ugly though dont you think?
    What were the others like if this is the winner

  4. #4
    Regular Zaitsev's Avatar
    Join Date
    31 Jul 09
    Location
    Calcutta
    Posts
    132
    Quote Originally Posted by bolo121 View Post
    Somewhat ugly though dont you think?
    Not really that pretty agreed
    Looks More like an english 'R' without the stem and with a nasty cut
    Last edited by Zaitsev; 17 Jul 10, at 14:04.

  5. #5
    Regular Zaitsev's Avatar
    Join Date
    31 Jul 09
    Location
    Calcutta
    Posts
    132
    Quote Originally Posted by dave lukins View Post
    What were the others like if this is the winner
    The contenders: though i personally liked the style of the second one
    Attached Images Attached Images   

  6. #6
    Contributor axeman's Avatar
    Join Date
    13 Sep 08
    Location
    New Delhi
    Posts
    306
    Looks pretty good.I noticed that the Times of India has already started using it in their headlines (the print version).

  7. #7
    Military Enthusiast Senior Contributor
    Join Date
    15 Aug 03
    Posts
    4,717
    I like the Arvind symbol, second row, last.

  8. #8
    Senior Contributor
    Join Date
    14 Mar 08
    Posts
    1,692
    Quote Originally Posted by Blademaster View Post
    I like the Arvind symbol, second row, last.
    Me too. More distinct.

  9. #9
    Armchair Worrier Senior Contributor bolo121's Avatar
    Join Date
    19 Dec 07
    Location
    india
    Posts
    1,810
    i liked the second one myself
    For Gallifrey! For Victory! For the end of time itself!!

  10. #10
    Arzi Hukumat-e-Azad Hind Senior Contributor Tronic's Avatar
    Join Date
    27 Dec 04
    Location
    Patiala, Punjab
    Posts
    3,921
    I like the selected symbol, its quite unique. It is recognizable by both english speakers and hindi speakers. Its basically the alphabet "R" without the stick, and the hindi alphabet "रा" without the stick, combined together.
    The real voyage of discovery consists not in seeking new lands but seeing with new eyes.

  11. #11
    Senior Contributor antimony's Avatar
    Join Date
    22 Feb 08
    Location
    Seattle, WA
    Posts
    2,756
    The chosen symbol is ok enough, I guess

    It would be interesting to see how it all pans out though; it would also be a bi!ch to now integrate in into documents,so the keyboard layouts across India would have to change to accommodate this symbol

    I hope they find a way to keep both the $ and the new symbol
    "Is God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God?" ~ Epicurus

  12. #12
    Sumku's Avatar
    Join Date
    12 Apr 08
    Location
    Bangalore
    Posts
    197
    I dont like any of the symbols there. But since its been chosen, there's no point complaining

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Pakistan ,Two Nation Theory and a few lies
    By Samudra in forum Warfare in the Modern Age
    Replies: 131
    Last Post: 11 Jan 08,, 09:16
  2. Tribal Warfare
    By Gio in forum International Economy
    Replies: 0
    Last Post: 02 Oct 04,, 04:40

Share this thread with friends:

Share this thread with friends:

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •