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  • Home >> India >> New Indian Rupee Symbol | Designed by IIT Post Graduate

    New Indian Rupee Symbol | Designed by IIT Post Graduate

    This is a guest post by Mahender who blogs at StepsandTips. If you would like to write for NiharsWorld, check our guest posting guidelines.

    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.

    Indian New Rupee Symbol

    New Rupee Symbol

    Check out on How to use Indian Rupee Symbol font on MS Word

    Designer of Indian New Rupee Symbol..?

    New Indian Rupee Symbol Designer D. Uday Kumar
    The new Rupee symbol, is made up with Devanigiri ‘Ra’ and roman ‘R’,. It is designed by IIT, Mumbai post-graduate Sri D. Udaya Kumar. Uday 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.

    New Rupee Image Symbol

    Indian Government Approval

    Indian Union Cabinet approved New Rupee Symbol on 15th July, 2010 (Thursday). The Finance Minister, Mr Pranab Mukherjee said in a statement that India’s currency will now have a distinct identity that will be internationally recognized at par with other International currencies like dollar, pound and yen.

    Ms Ambika Soni, Information & Broadcasting Minister, told reporters after a Cabinet meeting. “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 favored destination for global investments,”. Ms Soni also added 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.

    When will the Indian Rupee Symbol will start to use in Computers?

    Ms Ambica Soni, Information & Broadcasting Minister, said that the encoding of the symbol in Indian standards is likely to take about Six months.

    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.

    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).

    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.

    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).

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    1. I don’t like this rupee symbol. Does not well represent the rupee..A simple R with a cross would have been nice as many of the suggestions actually were..

    2. E-Ekspert says:

      I like this symbol,
      It’s nice and it got an oriental flair – or thats my opinion.

      I really digg the fact, that they made it as a public competition 🙂

    3. The symbol is awesome.It was long due

    4. Manoj Pandit says:

      Wah really nice symbol for us indian currency. it was very require

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