May 2, 2012

100 years of civil aviation etched on coins

The Mumbai division of central government’s coin-minting units has issued commemorative coins for sale on the occasion of completion of hundred years of the civil aviation industry in India. The coins are of the denomination of Rs 100 and Rs 5, the officials said.

The history of civil aviation in India goes back to December 1912, when the first domestic route was opened between Karachi and Delhi, though technically it was the mere extension of London-Karachi flight. According to the experts, at the time of partition, there were at least nine airline companies operating in the country, one of which later migrated its function to the other side of the border. Post-partition, the Indian government nationalised the airline industry.

Following the opening up of the skies in the 1990s, the coming decades saw an unprecedented boom in the market. “It’s a tribute to the achievements made by the nationin the civil aviation field,” said a senior officials from Mumbai Mint house.

Officials said the coins can be bought by approaching the mint office and alsoonline.

According to the records available, Mumbai Mint is one of the oldest mints in India, with its history dating back to the 17th century. Initially it was controlled by the governor of the Bombay.

However, later it was transferred to the finance department of the Government of India in the year 1876. The first Mumbai Mint was coined in the year 1672.

Officials said the first commemorative coins were made in the year 1964, in the memory of former prime minister Pandit Jawaharlal Nehru. Ever since then, the Mumbai Mint has produced some of the most topical and historical issues through the commemorative coins.

According to officials, the most important role played by the Mint is that in the manufacturing of the reference, working standard of the weights and working standard of the capacity.

Officials say each of these standards play a very important role in the work of the state government by ensuring that the weights and measures in the trade and commerce are of the required accuracy.