The Coinage Act, 2011

The Coinage Act, 2011 regulates the minting, issuing, and usage of coins in India. It defines the different denominations of coins that can be minted and issued, their design and weight, and the rules governing their circulation and exchange. The Act also outlines the penalties for counterfeiting or mutilating coins, and the procedures for handling and exchanging damaged or defective coins. The Reserve Bank of India is responsible for implementing the provisions of the Act.