These Are Some Important Facts About The Indian Rupee Symbol

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Thousands of opinions clashed when various scientists and wise men were assigned the duty to find the official Indian currency rupee symbol in 2010. The stipulation laid by the government of India stated to draft a symbol that would reflect the tradition as well as the cultural ethos of the country. The government of India was flooded with about 3,000 applications. And the credit for the design was achieved by Udaya Kumar which was later approved by the cabinet.

 

1. The Proud Creator Of Indian Rupee Symbol

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Udaya Kumar Dharmalingam, an associate IIT Guwahati professor was the chosen one out of the 3,331 applications received by the Ministry of Finance, Department of Economic Affairs made it official and the design for the rupee symbol was selected.

 

2. Deriving From Devnagari And The Roman Script

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Indian currency holds the Devanagari ‘Ra’ in its symbol along with its English version’R’. Udaya Kumar designed the symbol keeping in mind the blend of Devnagri Ra and Roman R.

 

3. Symbolizing The Relativity Of Economy And Balanced Economy

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As the constitution of India states that all citizens of India are equal before the law, the same way the two horizontal lines in the rupee symbol depicts equality and also suggests that the economy of the country is balanced.

 

4. Raising Standards Along With The Development

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As India is transforming into a developed nation gradually, the symbol of our nation should also be worth it and that’s why Keeping this in mind the currency symbol was designed in lines which are seen in the majority of the currency symbols belonging to other developed nations.

 

5. A tribute To Shiro Rekha

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Being one of the most important aspects in Devnagri script is the Shiro Rekha is taken care of in the symbol as a tribute to the script of our national language. Every word in Hindi contains an upper line which is called the Shiro Rekha resulting in including it in our rupee symbol.

 

6. The Tricolor

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The three colors standing tall as our flag denote strength, peace fertility, growth, and prosperity of the land. The symbol of the currency of India has an equal white space between the two lines which can be equated to Saffron and Green hence a bit more connection to its origin.

 

7. Simple But Royal Design

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India believes in keeping things simple so as the symbol that is simple to construct for any individual and the minimal strokes make it quick and easy to write and make it look classy.

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