75 Rupees India Govt. Mint 75th Anniversary Of Food & Agriculture Organization Coin (Rs.75 Coin)

75 Rupees India Govt. Mint 75th Anniversary Of Food & Agriculture Organization Coin (Rs.75 Coin)

Commemorative Coins :

manufacturing circulation coins. These coins are issued to commemorate events of historical
and social importance and to celebrate various accomplishments of public and private
organizations. India Government Mint, Mumbai has been releasing commemorative coins since
1964. The commemorative coins issued by the Mint are of very high quality and have a great
demand among coin collectors and numismatists.

Commemorative coins are of two types
Proof Coins
Uncirculated Coins

Proof Coins:

Proof coins are the high quality commemorative coins which have a frozen effect on the surface
design of the coin with a mirror finish. These coins are marked with the symbol 'M' to indicate
that they are manufactured at Mumbai Mint. These coins are sold at a premium price as they
are manufactured with high quality standards and have high numismatic value.

Uncirculated Coins:
Uncirculated coins are the high quality commemorative coins which have mirror finish on the
surface but without any frozen effect on the design. These coins are marked with a diamond
symbol to indicate they are stamped at Mumbai Mint. The uncirculated coins are also sold at
premium but they are priced a little lower than the proof coins.

History

In 1964 production of commemorative coins was started. The first commemorative coin was in the memory of Pandit Jawaharlal Nehru.

FOOD AND AGRICULTURE ORGANIZATION (FAO)

The Food and Agriculture Organization, a specialized agency of the United Nations, was founded on 16th October, 1945. This day is celebrated as World Food Day every year. India is a founding member with closer working having started with the beginning of FAO operations in India in 1948. India’s Dr. Binay Ranjan Sen served as Director General of FAO from 1956-67. This commemorative coin is released by Hon’ble Prime Minister of India Shri Narendra Modi on the occasion of 75 years of founding of FAO on 16th October 2020.

FAO is mandated to improve agriculture, forestry and fisheries practices ensuring food security and nutrition across the globe, especially in the developing and the under-developed countries. It has also been undertaking various initiatives and programmes for making agriculture more productive and sustainable, reducing rural poverty, ensuring inclusive and efficient agriculture and food systems, and protecting livelihoods.

In India, FAO has contributed in terms of technical, financial and training assistance in varied areas. FAO, through its programs, undertakes activities viz pilot innovative approaches in country context, providing successful approaches and tools for scaling up by other donors, State / Union Governments. The program and projects in India are primarily guided by India’s priorities and contribute to the country's march towards the Sustainable Development Goals, bringing technical and innovative best practices and global standards and partnering with national and regional expertise.

India has also a lot to offer FAO, for instance through South-South Cooperation, to hasten institutional capacity development and technology and experience transfer to other countries. This is a key component, for example, of the Memorandum of Understanding signed in 2018 between FAO and Indian Council of Agricultural Research (ICAR). Of late, India has been working closely with FAO, extending technical expertise and assistance in incidences of trans-boundary pests mainly Fall Army Worm and Desert Locust.

The priority areas of collaboration outlined in the current Country Programming Framework with India (2019-22) includes sustainable and improved agricultural productivity and increased farm incomes, stronger food and nutrition security systems, effective natural resource management, enhanced social inclusion, improved skills and employment opportunities in the agriculture sector, among others.