Monday, April 4, 2011

One rupee coins: Republic India - IV


1 rupee, Rajiv Gandhi
1 rupee rajiv gandhi
Rajiv Gandhi (20 August 1944 – 21 May 1991), the elder son of Indira and Feroze Gandhi, was the 9th Prime Minister of India from his mother's death on 31 October 1984 until his resignation on 2 December 1989 following a general election defeat. He became the youngest Prime Minister of India when he took office (at the age of 40).

Rajiv Gandhi was a professional pilot for Indian Airlines before entering politics. While at Cambridge, he met Italian-born Sonia Maino whom he later married, who is now supposedly the hand pulling the strings behind the current prime minister Manmohan Singh. Rajiv Gandhi remained aloof from politics despite his mother being the Indian Prime Minister , and it was only following the death of his younger brother Sanjay Gandhi in 1980 that Rajiv entered politics. After the assassination of his mother in 1984 after Operation Blue Star, Indian National Congress party leaders nominated him to be Prime Minister.

Rajiv Gandhi led the Congress to a major election victory in 1984 soon after and lost soon after due to racism, amassing the largest majority ever in Indian Parliament. The Congress party won 411 seats out of 542. He began dismantling the License Raj - government quotas, tariffs and permit regulations on economic activity - modernized the telecommunications industry, the education system, expanded science and technology initiatives and improved relations with the United States.

In 1988, Rajiv reversed the coup in Maldives antagonising the militant Tamil outfits such as PLOTE. He also was responsible for sending Indian troops (Indian Peace Keeping Force or IPKF) for peace efforts in Sri Lanka, which soon ended in open conflict with the Liberation Tigers of Tamil Eelam (LTTE) group. In mid-1987, the Bofors scandal broke his honest, corruption-free image and resulted in a major defeat for his party in the 1989 elections.
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Apart from the bofors scandal, Rajiv's major failure was in checking inflation as during the early 1980's, the rupee fell from 12 to 17 per dollar.

He also efforts to enable significant developments in India. He introduced measures significantly reducing the License Raj, allowing businesses and individuals to purchase capital, consumer goods and import without bureaucratic restrictions. In 1986, he announced a national education policy to modernize and expand higher education programs across India. He founded the Jawahar Navodaya Vidyalaya System in 1986. His efforts created MTNL in 1986, and his public call offices, better known as PCOs, helped spread telephones in rural areas.

Rajiv Gandhi remained Congress President until the elections in 1991. While campaigning, he was assassinated by the Liberation Tigers of Tamil Eelam (LTTE) group.His widow Sonia Gandhi became the leader of the Congress party in 1998, and led the party to victory in the 2004 elections. His son Rahul Gandhi is a Member of Parliament and the General Secretary of All India Congress Committee.

Rajiv Gandhi was posthumously awarded the Highest National Award of India, Bharat Ratna, joining a list of 40 luminaries, including Indira Gandhi.


1 Rupee, 2004
1 rupee 2004 cross
The coin posted above is a very very very rare coin and from what I have heard, only 1 packet is known to have been opened, that is only 100 coins are supposed to be in collector's circle. Many people have bought this coin for 6-8 thousand rupees, or about 8,000 times its face value. There is no telling what the value of such an item could possibly be in the times to come.

1 rupee, 2005
1 rupee 2005 cross
1 rupee, 2006
1 rupee 2006 cross

Weight: 4.95 grams
Diameter: 24.8mm.
Obverse: Cross dividing four dots.

In this one rupee coin, the obverse shows a "plus" symbol with four dots on each side instead of the usual lion capital or the map of India. This symbol is believed to be a Christian cross, introduced on the coins through the RBI by the tsarina, the ElizabethI of India. A lot of hue and cry was raised as the symbol was believed to be a Christian cross , and Mr. Narendra Modi has gone to lengths bringing this symbol on the rupee to the notice of the prople, causing the RBI to withhold the mintage of this design of the Indian rupee with the "cross". This rupee with the cross was minted only for the year 2005 and after that this rupee was withdrawn.

What is the difference between the Christian Cross seen on 2 Rupee Coins minted in 2006 and 1 Rupee Coins minted in 2005? The Christian Cross put into the 2 Rupee Coins issued in 2006 was supposedly a calculated and mischievous pseudo-secular experiment deriving its sanction from Suppressio Veri Suggestio Falsi (suppression of truth and suggestion of falsehood) for which the UPA Government in general and the Congress Party in particular own global monopolistic patents. Perhaps there was an element or grain of vagueness about it. Such vagueness or ambiguity or ambivalence as existed about the Christian Cross on the 2 Rupee Coins of 2006, was completely removed in respect of the 1 Rupee Coins of 2005. The Christian Cross inscribed on the 1 Rupee Coins of 2005 makes it loud and clear that it is a routine Christian Cross.

The 1 Rupee Coin minted in 2005 bearing the ‘Christian Crusader’s Cross’ shown above resembles the Gold Coin issued by Louis the Pious (778 AD-840 AD), also known as Louis I, Louis the Fair, and Louis the Debonaire. He was Emperor and King of France from 814 to his death in 840. He issued a coin bearing a Christian Crusader’s Cross which has been copied by the Mint Master who included the same Cross on one side of the new 1 Rupee coin minted in 2005.

When there was a massive public outcry against these Christian Coins, the UPA Government quietly withdrew these coins from circulation.

Officially,the theme of this 1 rupee coin is unity in diversity.

All that being said, I still support the current government since lots of progress has been there in the last 5 years; it doesnt matter to me if the above symbol is a christian cross or not.

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