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On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Paisa coins were issued as a part of "The Decimal Series". [2] [3] [4] In 2019, new coins were adopted, but the 50 paise coins were not updated as they have ceased to be in common circulation. [citation needed]
Face value: 50 Paise. From collection of Arun Kumar Singh. Country: India. Year of minting: 1982. Metal: Copper-nickel. Shape: Round. Obverse: State Emblem of India, country name and face value in Hindi and English. Reverse: Flag of India on top of Indian Map with lettering "National Integration" in Hindi and English. Edge: Security. Weight: 5 g.
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The word "naya" was dropped in 1964 and a new denomination, the 3 paisa, was introduced into circulation. A 20 paisa coin was minted in 1968. Neither of these coins gained much popularity. The 1, 2 and 3 paisa coins were phased out gradually in the 1970s. In 1982, a new 2 rupee coin was introduced experimentally to replace 2 rupee notes.
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Currently in India (from 2010 onwards), the 50 paise coin (half a rupee) is the lowest valued legal tender coin. Coins of 1, 2, 5, and 10 rupees and banknotes of 5, 10, 20, 50, 100, 200, 500, and 2000 rupees are commonly in use for cash transaction.
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