Rupee symbol competition

rupee1

The Indian finance ministry has begun a public competition to select a design for the symbol of the rupee. Unlike the major currencies of the world like the dollar, the pound, the yen and the euro, the rupee does not have a globally recognised symbol.

The rupee is generally shortened to Rs or sometimes the currency is described as INR (Indian rupee). But, the government says, these are not symbols, they are mere abbreviations for rupee.

To get an internationally-accepted symbol, the finance ministry has invited entries from the public. Each entry has to be accompanied by a fee of 500 rupees ($10) and a participant can send a maximum of two entries. The rules also say that the “symbol should be applicable to the standard [computer] keyboard”. Officials say the winning entry will be chosen by a seven-member jury of experts drawn from various art institutes, the government and India’s central bank, the Reserve Bank of India.

Five shortlisted entries for the final selection will be awarded a prize of 25,000 rupees ($500) and the winner will take 250,000 rupees ($5,000). “The final selected symbol will become the property of the government and the designer will have no rights over it any more,” Mr Rawat said.

Will keep a look out for results of this and post as they come up.

Find out more here.

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11 responses to “Rupee symbol competition

  1. Just checked the BBC website and discovered that the contest is only open to residents of India. Guess that rules me out. I was going to give it a try, as this is a very interesting, challenging, and fun project, especially for a design student.

  2. What does “symbol should be applicable to the standard [computer] keyboard” mean?

  3. Govt.of India , economic affair department ran a competetion to design a symbol for rupee like dollar have $ at its website

    http://finmin.nic.in/the_ministry/dept_eco_affairs/currency_coinage/Comp_Design.pdf

    here is my entery to the contest..
    My simplest yet worthy “peace of art” for Indian Rupee Symbol link..

    http://mewool.wordpress.com/2009/04/21/my-simplest-yet-worthy-peace-of-art-for-indian-rupee-symbol/

  4. When is the result of the competition going to be declared?

  5. When is the result going to be declared?

  6. Proposed symbol. Here is our entries…

    Proposed Rupee Symbol

  7. Information under RTI Act, 2005
    Given by Shr Sushil Kumar, Under Secretary to the Govt. of India & CPIO—–F.No. 3/40/09-Cy Dated 7th January, 2010

    Que. 1 Name, Professian & Home State of all the member of jury
    Ans.
    (i) Smt. Usha Thorat, Deputy Governor, RBI, Mumbai-Chairman.
    (ii) Shri K.V. Eapen, Joint Secretary, Deptt. of Financial Services, Ministry of Finance, New Delhi.
    (iii) Ms. T. Kumar, Joint Secretary, Ministry of Culture, New Delhi.

    (iv) Smt. Aditi Mehta, Joint Secretary, Indira Gandhi National Centre for Arts, New Delhi.
    (v)Shri Anil Sinha, Chairperson, Integrated Desgin Services and Industry Programmes & Projects, National Institute of Design, Ahmedabad.
    (vi) Professor Hemant Nagdive, Director, JJ School of Arts, Mumbai.
    (vii) Shri Bazil Shaikh, Chief General Manager, RBI, Mumbai.

    Que. 2-How meny desins received in hindi/English & other languages out of eligible 2644 designs.

    Ans -The Designs do not have any Language, it is the shape (Drawing) only.
    Que. 3-How meny meetings when , where & each date of meeting, time taken for the meeting & average time of applicant design taken reg. Totat entries of evaluation ?

    Ans. Meetings of Jury were held on 29/30 September, 2009 in Indira Gandhi National Centre for Arts, New Delhi and on 16th November, 2009 in Reserve Bank of India, New Delhi for evaluation of entries. The meetings on 29th and 30th September were from 10.00AM to 5.00PM and the meeting meeting on 16th November was from 2-00 PM to 5.00PM

    Que. 4- Total received deigns and total of rejects deigns?
    Ans. There are 3331 eligible entries out of which five final entries were selected by the jury.
    Que. 7- The script of applicant which in Hindi language be translate in other language presents before jury.
    Ans. Only symbol of the applicant was presented to the Jury for selection.
    Que. 10- Explain briefly the rule (hindi-MANAK) of as widely accepting across the INDIA.
    Ans. The criteria adopted by the Jury in selecting the symbol was that the symbol should represent the historical and cultural ethos of the country as widely accepted across the Country and that the symbol has to be in the Indian National Language script or a visual representation. The second stage of selection focused on finer details such as whether the symbol
    (i) is distinct;
    (ii)can evoke a ready recall in India as well as internationally;
    (iii) is not unduly cluttered, i.e. simplicity;
    (iv) has strength of design;
    (v) is easy to write and typecast; and
    (vi) has integrity, unity of form and compact look
    Que. 11-The Biodata of eligible design put-up before jury or Coding Procedure in applied?
    Ans. Coding procedure was adopted.

  8. Initially eligible entry number 1138 was hold by Mitlesh kothari according to 1st list created on 26 August, 2009 and uploaded on Ministry of Finance website but now according to latest updated list which was created on 15 sep. 2009 his name is deleted

  9. I M WAITING 4 RESULT………….

  10. (Reg. The Symbol for Indian rupee competition)
    BFFORE THE FIRST APPELLATE AUTHORITY UNDER SECTION 19[1]
    OF THE RIGHT TO INFORMATION ACT, 2005
    In the matter of:
    APPEAL PREFERRED BY SHRI RAKESH KUMAR SINGH AGAINST THE ORDER DATED 7TH JANUARY 2010 OF CPIO, DEA.
    ORDER

    This appeal has been filed by Shri Rakesh kumar singh against the order dated 7.1.2020 of the CPIO of Department of Economic Affairs.

    2. In his application dated 14-12-2009 addressed to the CPIO, the applicant had sought information on 14 points relating to the competition of symbol of Indian rupee. The CPIO furnished the information on 7-1-2010. The appellant is not satisfied with the information furnished on 3 points, i.e. Point No. 1, 4 & 13 and hence this appeal on these points.
    3. Comments of CPIO have been invited. The points on which the appellant is not satisfied with the reply of the CPIO and the factual position is discussed in the succeeding paragraphs.
    4. In point No.1 of his application, the applicant had asked in information about the name, profession and the home-state of the members of Jury appointed by the Government for finalisation of the design of Indian Rupee. The CPIO furnished the name/designation of the member of the jury along with the organization and place where the organization is located. The information relating to home-state of the member is not maintained and as such this information cannot be provided.
    5. In point No.4, the applicant had asked information as to the number of total designs received and out of those how many have been rejected. The CPIO informed him that there were 3,331 eligible entries, out of which 5 Final entries were selected by the Jury. This should satisfy the query of the applicant.
    6. In point No. 13, applicant had sought information about the date and mode of information to the contestants about the selection of 5 designs. The CPIO had informed him that final result is yet to be decided. In the comments, CPIO had intimated that the information to the selected contestants was sent on 25-11-2009 through letter. This information was also posted on the website of the Ministry in December 2009. This should satisfy the query of the applicant.
    7. In view of above observations, the appeal is disposed off.
    My name Rakesh Kr singh Mb. 09450456464

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