"The symbol will standardize the expression for Indian Rupee in different languages, both within and outside the country," said the statement. The symbol will now distinguish the Indian currency from those countries whose currencies are also designated as Rupee or Rupiah, such as Pakistan, Nepal, Sri Lanka and Indonesia.
The symbol will be included in the “Unicode Standard”, written in major scripts of the world to ensure that it is easily displayed or printed in the electronic and print media.
After encoding of the symbol in the Unicode Standard and National Standard, India's IT companies lobby group NASSCOM will approach software development companies for incorporating the Rupee symbol in their operative software, as a new programme or as an update, to enable the computer users worldwide to use the symbol even if it is not embedded on the keyboards, said the statement.
The encoding of the rupee symbol in the Indian Standards is estimated to take about six months while encoding in the Unicode and ISO/IEC 10646 will take about 18 months to two year