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IIT Graduate Gives Indian Rupee Its Symbol

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IIT Graduate Gives Indian Rupee Its Symbol IIT graduate gives Indian Rupee its symbol Press Trust of India, Updated: July 16, 2010 00:05 IST Comments Ads by Google HDFCERGO Health Insurance – Now Claim Process with minimum documents. Apply Online Today! HDFCERGO.com/Health_Insurance Click to Expand & Play New Delhi: The Indian rupee will soon have a unique symbol -- a blend of the Devanagri 'Ra' and Roman 'R' -- joining elite currencies like the US dollar, euro, British pound and Japanese yen in having a distinct identity. The new symbol, designed by Bombay IIT post-graduate D Udaya Kumar, was approved by the cabinet today -- reflecting that the Indian currency, backed by an over-trillion dollar economy, was finally making its presence felt on the international scene. (How do you like the symbol?) "It's a big statement on the Indian currency... The symbol would lend a distinctive character and identity to the currency and further highlight the strength and global face of the Indian economy," Information and Broadcasting Minister Ambika Soni told reporters after the cabinet meeting. Though the symbol will not be printed or embossed on currency notes or coins, it would be included in the 'Unicode Standard' and major scripts of the world to ensure that it is easily displayed and printed in the electronic and print media. Among currencies with distinctive identities, only the pound sterling has its symbol printed on the notes. Unicode is an international standard that allows text data to be interchanged globally without conflict. After incorporation in the global and Indian codes, the symbol would be used by all individuals and entities within and outside the country. The symbol will be adopted in a span of six months in the country, and within 18 to 24 months globally, Soni said, adding that it will feature on computer keyboards and softwares for worldwide use. Soni said that the symbol, which reflects the Indian ethos and culture, would help distinguish the currency from the rupee or rupiah of other countries like Pakistan, Nepal, Sri Lanka and Indonesia. Besides this, state governments would be asked to proactively promote the use of the new symbol, she added. Kumar's entry was chosen from 3,000 designs competing for the currency symbol. He will get an award of Rs. 2.5 lakh. "It is a perfect blend of Indian and Roman letters -- capital 'R' and Devanagri 'Ra' which represents rupaiah, to appeal to international and Indian audiences... My design is based on the tricolour, with two lines at the top and white space in between," a visibly-happy Kumar said. The jury, which had sent the five short-listed entries for the cabinet's approval, was headed by a Reserve Bank Deputy Governor. For NDTV Updates, follow us on Twitter or join us on Facebook Story first published: July 15, 2010 01:01 IST Tags: IIT graduate Udaya Kumar, Indian Rupee symbol, Indian Rupee symbol creator Udaya Kumar From Wikipedia, the free encyclopedia Udaya Kumar From Wikipedia, the free encyclopedia Jump to: navigation, search The topic of this article may not meet the general notability guideline. Please help to establish notability by adding reliable, secondary sources about the topic. If notability cannot be established, the article is likely to be merged, redirected, or deleted. (August 2010) Udaya Kumar Dharmalingam 10 October 1978 (age 32) Born Chennai, India Residence India Nationality Indian IDC, IIT Bombay (PhD) IDC, IIT Bombay (MDes) Alma mater Anna University (SAP, Chennai) (B.Arch.) Occupation Assistant professor, IIT Guwahati The designer of the Indian rupee sign Known for (2010) The rupee symbol Udaya Kumar Dharmalingam, (Tamil: உதய குமார் தருமலிங்கம் utaya kumār tarumaliṅkam, born 10 October 1978 in Chennai), is the designer of the Indian rupee sign.[1] He is an assistant professor at IIT Guwahati.[2] His design was selected from among five short listed symbols.[3] Udaya Kumar explained that the design is based on the Indian tricolour. Contents [hide] • 1 Personal life • 2 Academics • 3 Research • 4 References [edit] Personal life Kumar is a son of N. Dharmalingam, a former DMK MLA.[4] [edit] Academics Kumar pursued his doctoral studies at IDC, IIT Bombay (2010). Udaya received his master’s degree, MDes in Visual Communication from IDC, IIT Bombay (2003) and bachelor’s degree in architecture, B.Arch from the School of Architecture and Planning (SAP) at Anna University, Chennai (2001). [edit] Research His areas of interest include graphic design, typography, type design and design research with special focus on Tamil typography. He has completed his PhD on Tamil typography at IDC, IIT Bombay.[5] He has also designed a Tamil font named "Parashakti" as a mini project at Industrial Design Centre, IDC, under the guidance of Prof. G. V. Sreekumar. During his MDes project, he wrote and designed a book on Tamil typography, which is the first attempt at bringing a topic like typography to a Tamil audience. In this book, Kumar also created new Tamil terminology for many typographic terms where English words were used. .[6] Information and Broadcasting Minister Ambika Soni approved the new Indian currency rupee symbol design which was conceptualized by an IIT post-graduate student Mr. D Udaya Kumar on Thursday 15 July 2010. gets prize money of Rs 2,50,000. Minister Ambika Soni also said that the “new Indian currency rupee symbol in use but she said it would take approximately six months in India and on the subject of two years to make it recognized all other countries government worldwide”. [edit] References 1. ^ Rupee gets a new symbol 2. ^ Department of Design, IIT Guwahati 3. ^ "Final Selection for the Symbol for Indian Rupee - List of Five Entries: Ministry of Finance, Government of India". Finmin.nic.in. http://finmin.nic.in/the_ministry/dept_eco_affairs/infrastructure_div/message_symbol_final.asp. Retrieved 2010-07-30. 4. ^ "Rupee symbol maker has DMK background". thestatesman.net. http://www.thestatesman.net/index.php? option=com_content&view=article&id=334878&catid=36&Itemid=66. Retrieved 8 June 2011. 5. ^ "Industrial Design Centre (IDC), Indian Institute of Technology Bombay(IIT Bombay), India". Idc.iitb.ac.in. http://www.idc.iitb.ac.in. Retrieved 2010-07-30. 6. ^ "D. Udaya Kumar". IIT Mumbai. http://www.idc.iitb.ac.in/students/phd/udayakumar/index.html. Retrieved from "http://en.wikipedia.org/wiki/Udaya_Kumar" Categories: Living people | Indian Tamil people | People from Chennai | Indian designers | 1978 births | Indian Institute of Technology Guwahati faculty | Anna University alumni Hidden categories: Articles with topics of unclear notability from August 2010 | All articles with topics of unclear notability | Infobox person using deprecated parameters | Articles with hCards | Articles containing Tamil language text | Use dmy dates from August 2010 Personal tools • Log in / create account Namespaces • Article • Discussion Variants Views • Read • Edit • View history Actions Search Navigation • Main page • Contents • Featured content • Current events • Random article • Donate to Wikipedia Interaction • Help • About Wikipedia • Community portal • Recent changes • Contact Wikipedia Toolbox • What links here • Related changes • Upload file • Special pages • Permanent link • Cite this page Print/export • Create a book • Download as PDF • Printable version Languages • िहनदी • മലയാളം • This page was last modified on 14 June 2011 at 11:52. • Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. See Terms of use for details. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. • Contact us • Privacy policy • About Wikipedia • Disclaimers The jury has given its verdict: the rupee will retain its Indian character with an international flavour. The five-member panel has chosen IIT post-graduate D Udaya Kumar’s design from among five shortlisted symbols and recommended it for Cabinet approval. Kumar’s symbol (on the left) is an amalgam of the Devanagari ‘Ra’ and the Roman capital ‘R’ without the stem, very much in line with what Finance Minister Pranab Mukherjee had envisioned. “We intend to formalise a symbol for the Indian rupee which reflects and captures Indian ethos and culture,” Mukherjee said in his Budget speech this year. The chosen symbol has the Finance Minister’s approval, said a Ministry official. The Ministry had organised a symbol design competition with a prize money of Rs 2.5 lakh with the condition that it should be applicable to the standard keyboard, be in the national language script or a visual representation and should represent the historical and cultural ethos of the country. Ads by Google 15 Reasons to buy Gold Gold, two steps ahead: how the rich keep getting richer. New gold rptWealthdaily.com/GoldBroker of the year 2009. True ECN on Metatrader 4. Scalpers we are looking for you!www.FXOpen.comCurrency Trading Trade Currencies With Alpari. Practice Account Included.Alpari.co.uk While the basic aim of the new symbol is to provide the Indian rupee international recognition as the country’s economy exerts more influence in the global space, the unique sign will also help isolate the currency from the current abbreviation ‘Rs’ which is used by neighbouring Pakistan, Nepal and Sri Lanka. Kumar’s concept, an official said, is based on the Tricolour and “arithmetic equivalence”. While the white space between the two horizontal lines gives the impression of the national flag with the Ashok Chakra, the two bold parallel lines stand for ‘equals to’, representing balance in the economy, both within and with other economies of the world _____________ UDAYA KUMAR CREATES HISTORY By designing the winning rupee symbol, D. Udaya Kumar has, in one stroke, immortalised his own name for posterity. Overnight, he has become the poster-boy of the press and everything that could possibly be written about him has already been covered in the mainstream newspapers and TV channels.
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