The symbol has been derived from the Devanagri letter form 'Ru'. Keeping in view the global reach of the intended symbol, the 'Ru' of the devanagri script has been merged with the 'R' of the English lanague. This is intended to increase the cognition of the symbol for both the Indian and global business audiences alike.
The first documented coinage in India were the 'Punch Marked' coins issued between the 7th-6th centuryBC and 1st century AD. These were made of silver. The sanskrit word 'Raupya' means silver.
"The study of early coin motifs helps to unveil the origin, development and transformation of
various symbols. At different periods, coins as a symbol of ideas and ideals working behind the
mind of the rulers, open up a most comprehensive and interesting study and also form the basis
for the reconstruction of socio-religious, economic and political history of a country."
- Images, Attributes and Motifs : Studies in Early Indian Art and Numismatics by Arundhati
Banerji, 1993.
If the above observation should set an indication, then the new symbol should embody the aspirations of a resurgent nation in the new millenium. It should further proclaim the coming of age of the 'Idea of India'
The Idea of Modern India
"In July 1991, the incoming government was able to initiate significant economic reforms. There
was a determined effort to change the course of Indian economic policy-making towards one
required by an outward-orientation. With the changes, a breakthrough in thinking may have been
achieved, in so far as Indian economic policy-making may have been partially freed of the belief,
held since the 1940s, that the exchange-rate of the rupee must necessarily be seen as an
administered price and not a market-determined price.”
- India in World Trade and Payments by Dr.Subroto Roy
The new symbol represents the motto of the nation - 'Satyameva Jayate'.
The two strokes will signify this very idea -'Truth alone Triumphs'.
THIS IS A SAMPLE CAPTION.
