The Destiny of the Rupee

50-rupee-front

“See, this country, in its days of greatness, when it was the richest nation on earth, was like a zoo. A clean, well-kept, orderly zoo. Everyone in his place, everyone happy. Goldsmiths here. Cowherds here. Landlords there. The man a called Halwai made sweets. The man called a cowherd tended cows. The untouchable cleaned faeces…

… in the old days there were one thousand castes and destinies in India. These days, there are just two castes: Men with Big Bellies, and Men with Small Bellies.”

The White Tiger by Aravind Adiga.

school

Indian school via Mad Decent.

India, to the best of my limited knowledge, is a country built on codes and glimmering with symbols – however prismatic.

Soon there will be a new symbol. And it’s already caused some division.

The Indian government has launched a public competition to design a currency symbol for the Rupee. Entrants must be Indian nationals and are required to supply a bank draft of Rs 500 with their applications by 15 April 2009.

From what I’ve read, Indian designers are peeved they have to pay the government to participate. But there’s already spec work up on ‘the internet’.

re-rupee

Indian Rupee spec design by Christian Büning; Design of the Euro.

Erik Spiekermann, founder of FontShop, is “afraid their brief is a little off”. Check out the discussions at Fontblog (in German) and TypeOff.

All the hubbub set me off on a dig. Beyond the obvious (£ Pound/ $ Dollar/ € Euro/ ¥ Yen), I had no idea which currencies bear their own symbol.

Do you?

Here are a few you might not have known:

currency-symbols

Left to right:

Yuan Renminbi (China), Colón (Costa Rica), Rial (Iran), New Sheqel (Israel), Won (South Korea), Naira (Nigeria), Baht (Thailand).

So apart from China, none of the BRIC economies have their own currency symbol. Although Russia’s been searching since 1999.

The majority of nations in South America and the Caribbean bear the $ symbol.

What does any of this mean? Will a new symbol for the Rupee help transform India’s destiny into that of a “nation with Big Bellies”?

And should designers be paying for their crowdsourced work to compete?

Currency symbols elsewhere:

World Currency Symbols index.

– The story of the Euro Symbol: From Logo to Letter.

Bankface? Remixing bank notes.

9 comments so far

  1. Neha Tulsian on

    Here is our entry

    Proposed Rupee Symbol

  2. B. tiwari on

    http://finmin.nic.in/the_ministry/dept_eco_affairs/infrastructure_div/message_symbol_final.htm
    LIST OF FIVE ENTRIES WHICH HAVE BEEN SELECTED FOR FINAL SELECTION FOR THE SYMBOL FOR INDIAN RUPEE

    S.No. Name Address
    1 Shri Hitesh Padmashali JWT, PeninsulaChambers, Ganpatrao Kadam Marg, Lower Parel,
    Mumbai – 400 013.
    2 Shri Shahrukh J. Irani No.9/8, Rustom Baug,
    Sant Savta Marg,
    Byculla (E),
    Mumbai – 400 027
    3 Shri D. Udaya Kumar Industrial Design Centre,
    Indian Institute of Technology
    Bombay Powai, Mumbai – 400 076
    4 Ms. Nondita Correa-Mehrotra 2-A, Connaught Mansion,
    173 Wodehouse Road,
    Mumbai – 400 005
    5 Shri Shibin K.K. ‘Aiswarya’ Post – Koorara,
    Thalassery, Kannur District,
    Kerala – 670694
    http://hindi.economictimes.indiatimes.com/rssarticleshow/4944416.cms

    ——–I had written to the RBI in 2005 saying we should have a symbol for the rupee,” said Nondita Correa-Mehrotra , one of the finalists, more marvelling at the coincidence of it all than implying it may have influenced the government.

    Correa-Mehtorta is a Harvard University-trained architect and works at her father’s firm—Mumbai-based Charles Correa Associates. The final list pits two leading advertising agencies against each other for the big honour—JWT and Publicis Ambience.

    Hitesh Padamshali is a creative director, design, at JWT’s Mumbai office, while Shahrukh J Irani is a creative director at Publicis Ambience. The list also has a typography scholar in D. Udaya Kumar, a PhD candidate at IIT Mumbai’s Industrial Design Centre. He is preparing to defend his dissertation—Transformation of Tamil letter forms from palm leaf manuscripts to early letter press printing—early next year.

    Shibin KK, a computer science teacher at a government higher secondary school near Thalasserry, Kerala, is the fifth finalist, and an outsider of sorts with no formal training in drawing or design. However, he takes up freelance design work.

    For the five finalists, it’s a agonising wait till the symbol is unveiled.
    http://economictimes.indiatimes.com/markets/forex/Contest-to-finalise-Rupee-symbol-down-to-final-five/articleshow/5350545.cms

  3. rakesh on

    Information under RTI Act, 2005
    Given by Shr Sushil Kumar, Under Secretary to the Govt. of India & CPIO—–F.No. 3/40/09-Cy Dated 7th January, 2010

    Que. 1 Name, Professian & Home State of all the member of jury
    Ans.
    (i) Smt. Usha Thorat, Deputy Governor, RBI, Mumbai-Chairman.
    (ii) Shri K.V. Eapen, Joint Secretary, Deptt. of Financial Services, Ministry of Finance, New Delhi.
    (iii) Ms. T. Kumar, Joint Secretary, Ministry of Culture, New Delhi.

    (iv) Smt. Aditi Mehta, Joint Secretary, Indira Gandhi National Centre for Arts, New Delhi.
    (v)Shri Anil Sinha, Chairperson, Integrated Desgin Services and Industry Programmes & Projects, National Institute of Design, Ahmedabad.
    (vi) Professor Hemant Nagdive, Director, JJ School of Arts, Mumbai.
    (vii) Shri Bazil Shaikh, Chief General Manager, RBI, Mumbai.

    Que. 2-How meny desins received in hindi/English & other languages out of eligible 2644 designs.

    Ans -The Designs do not have any Language, it is the shape (Drawing) only.
    Que. 3-How meny meetings when , where & each date of meeting, time taken for the meeting & average time of applicant design taken reg. Totat entries of evaluation ?

    Ans. Meetings of Jury were held on 29/30 September, 2009 in Indira Gandhi National Centre for Arts, New Delhi and on 16th November, 2009 in Reserve Bank of India, New Delhi for evaluation of entries. The meetings on 29th and 30th September were from 10.00AM to 5.00PM and the meeting meeting on 16th November was from 2-00 PM to 5.00PM

    Que. 4- Total received deigns and total of rejects deigns?
    Ans. There are 3331 eligible entries out of which five final entries were selected by the jury.
    Que. 7- The script of applicant which in Hindi language be translate in other language presents before jury.
    Ans. Only symbol of the applicant was presented to the Jury for selection.
    Que. 10- Explain briefly the rule (hindi-MANAK) of as widely accepting across the INDIA.
    Ans. The criteria adopted by the Jury in selecting the symbol was that the symbol should represent the historical and cultural ethos of the country as widely accepted across the Country and that the symbol has to be in the Indian National Language script or a visual representation. The second stage of selection focused on finer details such as whether the symbol
    (i) is distinct;
    (ii)can evoke a ready recall in India as well as internationally;
    (iii) is not unduly cluttered, i.e. simplicity;
    (iv) has strength of design;
    (v) is easy to write and typecast; and
    (vi) has integrity, unity of form and compact look
    Que. 11-The Biodata of eligible design put-up before jury or Coding Procedure in applied?
    Ans. Coding procedure was adopted.

  4. dinesh on

    1)Smt. Usha Thorat, Deputy Governor, RBI, Mumbai-Chairman
    and she found four entries from mumbai.
    2)Shri K.V. Eapen, Joint Secretary, Deptt. of Financial Services, Ministry of Finance, New Delhi.
    He is from kozhikode,kerala and he discover Mr.kk shibin,
    from kozhikode,kerala.
    Rest of Indians are duffer because they have no Godfather.
    Wake up SIDS and join hands against this unfair justice with us.Make a joint RTI and recheck your exams by CBI or CAG.

  5. rakesh on

    प्रिय साथियों,
    जय हिंद,
    श्री सुशील कुमार, अवर सचिव भारत सरकार एवम सी.पी.आई.ओ. ने आर0टी0आई0 एक्ट २००५ के उन्तर्गत लेटर संख्या यफ.स. ३/४०/२००९-करेंसी दिनाक ०८ फरवरी, २०१० द्वारा निम्नानुसार सूचना दी गयी :-
    प्रश्न १- फ़ाइनल ५ के प्रत्येक अभ्यर्थियों का जूरी के सम्मुख प्रजेंटेसन किन- किन तिथियो मे कहाँ-कहाँ हुआ तथा प्रत्येक अभ्यर्थी/टीम ग्रुप द्वारा अपने-अपने सिम्बल को प्रजेंट करने मे कितना-कितना समय का उपयोग किया गया.
    उत्तर- फ़ाइनल ५ के अभ्यर्थियों का प्रजेंटेसन १५-12-२००९ को जूरी के सम्मुख हुआ. प्रत्येक अभ्यर्थी को प्रजेंटेसन के लिए (मोखिक रूप से) १०-१० मिनट का समय दिया गया है.
    प्रश्न २- क्या प्रत्येक प्रजेंटेसन की वीडियोग्राफी करायी गयी.
    उत्तर- नहीं.
    प्रश्न 3- जूरी के सम्मुख कुल ३३३१ डिजाइनो को प्रस्तुत की गयी किन्तु मंत्रालय के वेबसाईट मे २६४४ के लिस्ट प्रकाशित की गयी. इसका क्या कारण है.
    उत्तर- वेबसाईट मे केवल सभी शर्ते पूर्ण करने वाली प्राविस्थिया भेजने वाले अभ्यर्थियों के नाम दिए गए है. किसी-किसी अभ्यर्थी ने दो-दो डिजाइन भी दिए थे.
    प्रश्न 4- जिन अभ्यर्थियों की डिजाइन अपूर्ण थी क्या उनको कतिपय सुधार हेतु सूचित किया गया. एसे अभ्यर्थियों की संख्या.
    उत्तर- डिजाइन को पूर्ण करने के लिए या सुधार करने के लिए किसी को नहीं कहा गया.
    प्रश्न 5- कितने डिजाइनर के मूल डिजाइन (बायोडाटा, स्क्रिप्ट व डिमांड ड्राफ्ट) उनको वापस किया गया तथा कितने ऐसे डिजाइनर है जिन्होंने त्रुटि को सुधार कर मंत्रालय को भेजा.
    उत्तर- मूल डिजाइन (बायोडाटा, स्क्रिप्ट व डिमांड ड्राफ्ट सहित) जो कि निर्धारित अवधि मे प्राप्त हो गए थे, वापिस नहीं भेजे.
    प्रश्न ६- क्या फ़ाइनल ५ के अभ्यर्थियों मे से किसी ने दो डिजाइन से अधिक डिजाइन प्रेषित की थी.
    उत्तर- नहीं.
    प्रश्न 7- वित्त मंत्रालय की वेबसाईट पर तीन किश्तों मे प्रकाशित २६४४ डिजाइनो के अतिरिक्त ६८७ डिजाइनो के सूची क्यों नहीं प्रकाशित की गयी.
    उत्तर- २६४४ डिजाइन नहीं है, वह तो अभ्यर्थियों के नाम है.
    प्रश्न ८- कुल अर्ह ३३३१ डिजाइनो के स्क्रिप्ट किन-किन भाषाओ मे प्राप्त हुई तथा उनकी भाषावार संख्या.
    उत्तर- डिजाइन की कोई भाषा नहीं होती. स्क्रिप्ट हिंदी. अंगरेजी, तेलगू, मलयालम आदि भाषाओ मे प्राप्त हुई.
    प्रश्न 9- शासनादेश/गाइडलाइन मे उल्लिखित “इंडियन नॅशनल लान्ग्वेग” उन्तर्गत वित्त मंत्रालय की नजर मे कौन-कौन सी भाषाए है.
    उत्तर- संविधान द्वारा मान्यता प्राप्त सभी भाषाए.
    प्रश्न 10- भारतीय रूपये के सिम्बल हेतु क्या पूर्व मे किसी भारतीय या विदेशी नागरिक का प्रस्ताव, प्रार्थानपत्र या सुझाव आदि किसी स्तर से प्राप्त हुआ. यदि हाँ तो उसका विवरण.
    उत्तर- श्रीमती नॉनदिता कोरिया, भारतीय नागरिक से सुझाव प्राप्त हुआ था.
    प्रश्न 11- भारतीय रूपये के सिम्बल की आवश्यकता के पीछे मूल कारण की सूचना.
    उत्तर- इस विभाग के विज्ञापन मे उल्लेख किया गया है.
    प्रश्न १२- प्रत्येक डिजाइन के प्रजेंटेसन हेतु कितना समय निर्धारित किया गया था.
    उत्तर- दस मिनट तथा जूरी द्वारा उठाए गए प्रश्नों के उत्तर का समय.
    प्रश्न 13- जूरी ने केवल पाँच सिम्बल चयनित किये या उससे अधिक भी.
    उत्तर- विज्ञापन के अनुसार जूरी को केवल पाँच प्रतीकों का चयन करना था.
    प्रश्न १४- गाइडलाइन मे उल्लिखित “स्टैंडर्ड की बोर्ड” से क्या आशय है
    उत्तर- computero मे लगा सामान्य की बोर्ड.
    प्रश्न १५- अंतिम डिजाइन के चयन के पश्चात क्या शेष समस्त डिजाइनो का स्क्रिप्ट सहित प्रकाशन वेब साईट पर किया जायेगा.
    उत्तर- नहीं.
    प्रश्न 16- जूरी द्वारा पाँच प्रतिभागियों के चयन की संस्तुति किस तिथि को प्रेषित की गयी तथा वित्त मंत्रालय को किस तिथि को प्राप्त हुई.
    उत्तर- १५-१२-२००९ को.
    प्रश्न १७- क्या जूरी ने पाँच प्रतिभागियों मे से फायनल एक की भी संस्तुति की है.
    उत्तर- अंतिम निर्णय विचाराधीन है.
    प्रश्न १८- कुल अर्ह ३३३१ अभ्यर्थियों द्वारा डिमांड ड्राफ्ट द्वारा प्रेषित रुपया कितना है.
    उत्तर- २६४४ योग्य अभ्यर्थियों के द्वारा भेजे गए ५००-५०० रुपए डिमांड के ड्राफ्ट जमा किये गए.
    MY mobil 09450456464

  6. rakesh on

    (Reg. The Symbol for Indian rupee competition)
    BFFORE THE FIRST APPELLATE AUTHORITY UNDER SECTION 19[1]
    OF THE RIGHT TO INFORMATION ACT, 2005
    In the matter of:
    APPEAL PREFERRED BY SHRI RAKESH KUMAR SINGH AGAINST THE ORDER DATED 7TH JANUARY 2010 OF CPIO, DEA.
    ORDER

    This appeal has been filed by Shri Rakesh kumar singh against the order dated 7.1.2020 of the CPIO of Department of Economic Affairs.

    2. In his application dated 14-12-2009 addressed to the CPIO, the applicant had sought information on 14 points relating to the competition of symbol of Indian rupee. The CPIO furnished the information on 7-1-2010. The appellant is not satisfied with the information furnished on 3 points, i.e. Point No. 1, 4 & 13 and hence this appeal on these points.
    3. Comments of CPIO have been invited. The points on which the appellant is not satisfied with the reply of the CPIO and the factual position is discussed in the succeeding paragraphs.
    4. In point No.1 of his application, the applicant had asked in information about the name, profession and the home-state of the members of Jury appointed by the Government for finalisation of the design of Indian Rupee. The CPIO furnished the name/designation of the member of the jury along with the organization and place where the organization is located. The information relating to home-state of the member is not maintained and as such this information cannot be provided.
    5. In point No.4, the applicant had asked information as to the number of total designs received and out of those how many have been rejected. The CPIO informed him that there were 3,331 eligible entries, out of which 5 Final entries were selected by the Jury. This should satisfy the query of the applicant.
    6. In point No. 13, applicant had sought information about the date and mode of information to the contestants about the selection of 5 designs. The CPIO had informed him that final result is yet to be decided. In the comments, CPIO had intimated that the information to the selected contestants was sent on 25-11-2009 through letter. This information was also posted on the website of the Ministry in December 2009. This should satisfy the query of the applicant.
    7. In view of above observations, the appeal is disposed off.
    My name Rakesh Kr singh Mb. 09450456464

  7. annam on

    1. Hindustan Times reported about “Indian Rupee Design Scam”
    Hindustan Times Hindi- Lucknow 18 March

    Hindustan Times Hindi- Lucknow 19 March
    http://img233.yfrog.com/i/19marhindustan.jpg/
    2. The Economic Times Hindi New Delhi 22-03-10
    http://img138.yfrog.com/i/22032010016.jpg/

    3. 3- The Economic Times English New Delhi 22-03-10

    http://epaper.timesofindia.com/Repository/ml.asp?Ref=RVRELzIwMTAvMDMvMjIjQXIwMTEwNg==&Mode=HTML&Locale=english-skin-custom

  8. Batik Pekalongan on

    mantap infonya, btw salam kenal dari saya .


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