New Delhi: According to a gazette notification issued by the Union finance ministry late last month, the federal government would produce a Rs 175 coin to commemorate the 175th anniversary of the inauguration of IIT Roorkee.
However, no date for the issue of the commemorative coin was specified in the announcement of IIT Roorkee. The coin would be made of silver (50%), copper (40%), nickel (5%), and zinc (5%).
The James Thomason Structure, the institute's primary administrative building, will be etched on one side of the coin. The upper periphery of the coin will read "Bharatiya Praudyogikee Sansthaan" in Devanagari, while the bottom periphery would read "Indian Institute of Technology."
The opposite side of the coin will have India's national emblem, the Lion Capital of Ashoka, in the centre and "? 175" engraved on the bottom edge. AK Chaturvedi, IIT Roorkee director said, "We are delighted that the Government of India accepted our proposal, and accordingly issued a gazette notification for a special commemorative coin of Rs 175 denomination".
In 1847, IIT Roorkee was established as the British Empire's first engineering institution. It was known as the Roorkee College back then. Its name was later changed to Thomason College of Civil Engineering in 1854.
Following independence, the institute was raised to the status of free India's first engineering university, and in 2001, the central government designated it as an IIT. Currently, the country has 23 IITs that provide both undergraduate and postgraduate programmes.
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