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Mixed reactions to new rupee symbol
Business Standard / Jul 17, 2010, 00:32 IST

The symbol for the Indian Rupee is a symbol of India's growing global visibility and confidence. It combines tradition with dynamism to create a unique represen-tation of our currency.
Chanda Kochhar,
CEO & MD, ICICI Bank

It is a good symbol but it needs to be finished well before it can be applied globally. The two horizontal lines in the new symbol seem to be at an unequal distance and the top-most vertical line needs to have a defined distance from the top of the character. Also, the symbol in its present format, looks top-heavy with the bottom half looking very asymmetrical with just a diagonal line. The symbol has to be complaint with existing software and future-ready, too.
Preeti Vyas,
Chairwoman, Vyas Giannetti Creative

The Union Cabinet as well as the jury's decision is welcome. The design does justify their approval.
Bhavin Kothari,
Faculty, National Institute of Design

It is important, no doubt. But the effort has to be backed by other initiatives like the full convertibility of the rupee. Only then will the rupee having a symbol be relevant. Secondly, to reinforce usage, the symbol will have to be used often. As Mr Montek Singh pointed out, it would have to be part of computer keyboards. In all, its a good move. But it will take time to gain currency
Harsh Mariwala,
CMD, Marico

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Latest Messages
Posted by: Rohan
New Indian rupee symbol is just another symbol of corruption as RTI activist had already EXPOSED the corruption in selection process.. D Udaya Kumar (DMK leader son) is a Non-eligible candidate for the competition as he had submitted four design while only two was allowed. But under pressure from DMK he win the competition... http://www.saveindianrupeesymbol.org/2010/06/violation-guidelines-indian-rupee.html
Posted by: K.Mundanad
Instead of the cosmetic change, as the objective of which is just to give rupee a fresh look (though highly impressive), huge cost and valuable time that would be spent thereon should be utilized mainly to maintain, if possible, the value of our currency note. In the interest of the general public, but excluding its advocates, implementation of the proposal may be deferred to the RBI's birth centenary year (2035). Till then, the replica may be framed and kept on the sprawling table of RBI Governor! There are several other burning and critical issues (inflation, poverty, unemployment, etc.) to be tackled on priority basis.
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