Govt of India to Introduce New 1 Rupee Notes

New Delhi, February 11, 2020:

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).

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“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.

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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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