NEPAL TO ERASE KING FROM CURRENCY !
Nepal to erase king from currency.
Surendra Phuyal BBC News, Kathmandu.
Nepal's central Bank is planning to remove all images of the king from future notes and coins. Samples of alternatives images have already been submitted to the government for approval. Since Nepal has had its own currency, the king's portrait or name has always been inscribed on it.
Mass protests last year forced King Gyanendra to surrender most of his powers. Anti-royal Maoists are due to join the government soon.
New image
Finance Secretary Vidhyadhar Mallik says the Nepal Rastra Bank has already submitted nine different sample images to the Council of Ministers.
The council is expected to decide which ones to endorse soon.
The samples include portraits and images of Nepal's national heroes such as the Buddha and Princess Sita who are revered in Buddhist and Hindu mythology.
They also include images of the Himalayas, including Mount Everest, the highest mountain in the world.
A coin depicting a farmer ploughing a field is already in mass circulation while a note with Lord Buddha's image on it is expected to be issued soon, officials say.
Referring to the coin with the farmer, Mr. Malik says "It is the first coin that hasn't mentioned the king's name on it".
If everything goes according to the plan, the new denominations will come into mass circulation by May or June.
Anti- monarchist feeling has been strong since the protests last April which resulted in King Gyanendra abandoning a 15-month-long period of direct rule.
Earlier this month the authorities cancelled a holiday commemorating the birth of Nepal's first king.
Surendra Phuyal BBC News, Kathmandu.
Nepal's central Bank is planning to remove all images of the king from future notes and coins. Samples of alternatives images have already been submitted to the government for approval. Since Nepal has had its own currency, the king's portrait or name has always been inscribed on it.
Mass protests last year forced King Gyanendra to surrender most of his powers. Anti-royal Maoists are due to join the government soon.
New image
Finance Secretary Vidhyadhar Mallik says the Nepal Rastra Bank has already submitted nine different sample images to the Council of Ministers.
The council is expected to decide which ones to endorse soon.
The samples include portraits and images of Nepal's national heroes such as the Buddha and Princess Sita who are revered in Buddhist and Hindu mythology.
They also include images of the Himalayas, including Mount Everest, the highest mountain in the world.
A coin depicting a farmer ploughing a field is already in mass circulation while a note with Lord Buddha's image on it is expected to be issued soon, officials say.
Referring to the coin with the farmer, Mr. Malik says "It is the first coin that hasn't mentioned the king's name on it".
If everything goes according to the plan, the new denominations will come into mass circulation by May or June.
Anti- monarchist feeling has been strong since the protests last April which resulted in King Gyanendra abandoning a 15-month-long period of direct rule.
Earlier this month the authorities cancelled a holiday commemorating the birth of Nepal's first king.
BBC NEWS REPORT.
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