Re 1 notes make a comeback

Tuesday 06th January 2015 07:32 EST

After two decades, one rupee notes are set to make a comeback, although in a different colour. Instead of the familiar indigo, the new Re 1 notes will be predominantly pink-green on the front and back in combination with others, a finance ministry notification said. Unlike other currency notes, the Re 1 notes will be issued by the government. As was the norm earlier, the Re 1 note will be signed by the finance secretary, while the Reserve Bank of India governor will continue to sign notes of all other denominations. “It contains the words `Bharat Sarkar' above the words `Government of India' with the year 2015 on the representation of the Re 1 coin with the rupee symbol having floral design and the surrounding design has a picture of `Sagar Samrat', the oil exploration platform.

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