Not sure, how many of you
still carry small change (in coins) and do you remember naya paisa ? – I remember
1 paisa, 2 paisa, 3, 5, 10, 20, 25, 1 rupee, 2 rupee & 10 rupee coins –
also remember having seen Rs. 20, 50 & 100 coins – not sure whether they
were only commemorative coins !!
The renminbi (lit. 'people's
currency) is the official currency of the People's Republic of China. The yuan is the basic unit of the renminbi, but the
word is also used to refer to the Chinese currency generally, especially in
international contexts. One yuan divides into ten jiao and a jiao in turn
divides into ten fen !!
The Government of India has the sole right to
mint coins. The responsibility for coinage vests with the Government of India
in terms of the Coinage Act, 1906 as amended from time to time. The
coins are issued for circulation only through the Reserve Bank in terms of the
RBI Act. Coins in India are presently
being issued in denominations of 50 paise, one rupee, two rupees and five
rupees. Coins of 50 paise are called
'small coins' and coins of Rupee one and above are called 'Rupee Coins'. Coins
can be issued up to the denomination of Rs.1000 as per the Coinage Act, 1906. Coinage
of India, issued by imperial dynasties and middle kingdoms - Cowry shells was
first used in India as commodity money.
Metal currency was minted in India
during the famed Mauryan
Empire.
The first rupee
coins of the Republic of India were minted in 1950. These included 1/2 rupee,
1/4 rupee, 2 anna, 1 anna, 1/2 anna & 1 pice coins, and are referred to as
the anna series or pre-decimal coinage. On
30 June 2011, all coins in denominations of 25 paisa and below were officially
demonetised.
In Aug 1990, I
travelled by Circar Express and in the afternoon crossed Godavari river – was amazed
looking at the long rail bridge – and then saw many people standing near the
doors and throwing coins into the river as offering. Sure, rivers are reverred – there are so many
rivers, and so many trains cross over them – assuming that 100 people throw say
Rs.200 worth coins – how many would be thrown in a day – and in a month and ..
.. .. years later, worshipped at another temple that had beautiful ponds all
along the way to the main sannathi – and the bottom of the ponds were not visible
as there were so many coins !
For sure –
India is not alone .. .. as MailOnline reports that a man in China was detained
by police after he was caught throwing coins into a jey's engine for good luck
- a superstition that put the lives of the 148 passengers and crew in danger.
The passenger, identified
only as having the surname Wang, was scheduled to fly from Weifang to Haiku on
a Beibu Gulf Airlines flight GX8814 when he tossed a handful of coins wrapped
in red paper into the engine. Coins in a plane's engine can damage the blades
or even cause a fire. Luckily, runway
workers noticed the coins on the tarmac under the plane before it took off and
alerted the aircraft's crew. Wang
reportedly admitted throwing six coins wrapped in red paper into the plane's
engine. A picture of the coins was later shared online. The staff managed to
recover all the coins but the flight had to be cancelled due to safety
concerns. All 148 passengers were forced to disembark and wait for another
flight until the next morning. Wang was then detained by the police.
Many Chinese people believe
that tossing coins into a specific target - such as a statue in a park or a
bell in a temple - might bring them good luck or ward off evil spirits. This is
not the first time a passenger has attempted to toss coins into an aircraft
engine for good fortune and a safe flight in the country. In 2019 a passenger
was ordered to pay Lucky Air more than £13,000 as compensation after throwing
two coins at the plane's engine, causing the flight to be cancelled and more
than 160 passengers stuck overnight. The court ruled in favour of the airline.
It deemed that any normal person with common sense would think that the coins
might land in the engines, which could lead to 'a serious accident'. In April
that year, a 66-year-old female passenger was detained by police for throwing
six coins at a plane for good luck before take-off in Inner Mongolia.
Those who disrupt the normal
operation of companies and organisations are subject to a maximum of 10 days of
detention and 500 yuan (£56) cash penalty, according to China's Public Security
Administration Punishment Law. Unruly and untrustworthy passengers in China may
also be blacklisted by the country's civil aviation authority and banned from
taking planes, according to the nation's social credit system.
More
interestingly, the majority of the nation's citizens have never travelled by
air despite the fact that the country is set to overtake the United States to
be the largest air travel market in the world in 2022.Most air passengers in China
are repeated travellers from big cities. It has been estimated that more than
70 per cent of Chinese - or more than one billion people - have never flown in
their life; therefore they are oblivious of the etiquette and safety
regulations of travelling by air.
28.4.2021.
No comments:
Post a Comment