Indian Rupee symbol has been announced .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.Kumar's entry was chosen from 3,000 designs competing for the currency symbol. He will get an award of Rs 2.5 lakh.The finance ministry selected the currency sign after short-listing five from entries received in a competition announced last year, according to information on its web site. The government had recommended in the contest guidelines that the symbol should represent India's history and culture and must be acceptable across the country.
If you are wondering how will you type the rupee symbol using your keyboard, well it might take sometime to get the symbol in action (to gain acceptance in India) and probably an year for international acceptance.
Vendors say they will roll out the symbol as soon as the Bureau of Indian Standards (BIS) sets the guidelines, since it takes only a minor software change to incorporate it.It takes only a simple internal coding to assign an additional function to any one of the existing keys that currently holds a single function. But it will be interesting to see which key is going to take that function.
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