Coir Board, which has been engaged in activities of turning coconut fibres in to the money yielding ‘golden fibres’ enters into sixty years of service. When Coir Board came in to existence in 1953 started in Kerala and currently stretched over 14 states and the Board have selling counters all over India.
To Commemorate Diamond Jubilee of Coir Board the Reserve Bank will soon put to circulation Rs 10 denominated coins on the occasion of diamond jubilee of Coir Board. “The Government of India has minted the above mentioned coins which the Reserve Bank of India will shortly put into circulation.” the RBI said in its press release yesterday.
RBI said the details regarding design, shape of these coins have been notified in the gazette of government of India, dated February 20, 2014.
“These coins are legal tender as provided in The Coinage Act 2011. The existing coins in this denomination shall also continue to be legal tender.” – the press release said.