<P> The move towards decimalization was afoot for over a century . However , it was in September , 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage . The Act came into force with effect from 1 April 1957 , after which anna and pice denominations were demonetised . The rupee remained unchanged in value and nomenclature . It , however , was now divided into 100 ' paisa ' instead of 16 annas or 64 pice . Effective from 30 June 2011 , all coins in denominations of 25 paisa and below were officially demonetized . </P>
<P> The move towards decimalization was afoot for over a century . However , it was in September , 1955 that the Indian Coinage Act was amended for the country to adopt a metric system for coinage . The Act came into force with effect from 1 April 1957 , after which anna and pice denominations were demonetised . The rupee remained unchanged in value and nomenclature . It , however , was now divided into 100 ' paisa ' instead of 16 annas or 64 pice . Effective from 30 June 2011 , all coins in denominations of 25 paisa and below were officially demonetized . </P>
when was the decimal system of currency introduced in india
when was the decimal system of currency introduced in india
1 April 1957
1 April 1957