Finallly Indian Rupee (INR) has got its own Symbol. To popularize the Rupee currency note, Govt. of India has picked up the design made by Shri D Udaya Kumar. The rupee symbol represents the Devangiri script’s (र) which in Roman represent R for Rupee. There are two parallel lines in the symbol one actually of Devangiri Script and another for representing it as a TriColor National flag as explained by the Udaya Kumar. Udaya Kumar is assistant professor at IIT Guwahati.
Earlier, Govt. of India invited people in the open contest to send their symbol design to Finance Ministry. After considering all design below four designs were short listed by Ministry.