The government of India is all set to revive the one rupee notes in a new form and these notes will be printed by the Ministry of Finance unlike the existing denomination notes that are printed by the Reserve Bank of India (RBI).
“The new one-rupee denomination notes shall come into force from the date of their publication in the Official Gazette, i.e. 7 February 2020,” said a Gazette of the Ministry of Finance, adding that the new notes would be printed at the note printing presses for issue under the authority of Government of India for circulation.
The new Re 1 note will have ‘Bharat Sarkar’ printed above ‘Government of India’. It will also carry the Multi-Tonal Watermarks like Ashoka Pillar in the window without words ‘सत्यमेव जयते’, hidden numeral ‘1’ in the centre and the hidden word ‘भारत’ vertically arranged on the right-hand side.
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