Will the Centre Release a Special Commemorative Coin for IIT-Kharagpur's 75th Anniversary?

Synopsis
Key Takeaways
- The Central government is issuing a commemorative silver coin for IIT-Kharagpur's 75th anniversary.
- The coin, valued at Rs 75, weighs 40 grams.
- It will be released on August 18, coinciding with the institute's Foundation Day.
- The coin is meant for collectors and is not for circulation.
- The coin will be minted in Kolkata and is priced at Rs 7500.
Kolkata, Aug 14 (NationPress) The Central government is set to unveil a special commemorative silver coin to celebrate the 75th anniversary of the Indian Institute of Technology-Kharagpur (IIT-K), recognized as the oldest IIT in India.
This initiative includes a unique commemorative silver coin valued at Rs 75, weighing 40 grams.
A recent notification from the Union Finance Ministry has provided comprehensive details regarding this coin.
The launch is scheduled for the Foundation Day of IIT Kharagpur on August 18.
It is essential to note that this is a commemorative coin and is not intended for circulation; it’s designed for coin collectors.
As per sources, the coin will be minted at the Kolkata Mint, operating under the Central Government. Collectors can acquire this commemorative piece at a retail price of Rs 7500.
IIT Kharagpur's Director, Suman Chakraborty, stated, "A Rs 75 commemorative silver coin is being issued to celebrate the institute's 75th anniversary, with approval from the Government of India. The release will coincide with our upcoming foundation day."
Established in 1951, IIT Kharagpur holds the distinction of being the first IIT and is recognized as an Institute of National Importance. In 2019, it received the Institute of Eminence status from the Government of India.
Covering an expanse of 2,000 acres in Kharagpur, West Midnapore, this institution serves as a crucial technological hub in the nation.
According to the government notification, the Rs 75 coin will consist of 99.9 percent silver.
The diameter of this coin will measure 44 millimeters. This special initiative is a tribute to the institute's 75 years of excellence.