Satyameva Jayate Satyameva Jayate "Satyameva Jayate" ( ""; lit. "Truth alone triumphs.") is a "mantra" from the ancient Indian scripture "Mundaka Upanishad". Following the independence of India, it was adopted as the national motto of India in 26 January 1950. It is inscribed in script at the base of the national emblem. The emblem and the words "Satyameva Jayate" are inscribed on one side of all Indian currency. The emblem is an adaptation of the Lion Capital of Ashoka which was erected around 250 BCE at Sarnath, near Varanasi in the Indian state of Uttar Pradesh. It is inscribed on all currency
Indian Currency Committee Indian Currency Committee The Indian Currency Committee or Fowler Committee was a government committee appointed by the British-run Government of India on 29 April 1898 to examine the currency situation in India. Until 1892, silver was the metal on which Indian currency and coinage had largely been based. In 1892, the Government of India announced its intent to ""close Indian mints to silver"" and, in 1893, it brought this policy into force. The committee recommended that the official Indian rupee be based on the gold standard and the official exchange rate of the rupee be established at 15 rupees per