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5 Rupees (Mahatma Basaveshwara) (Stainless steel)
| Issuer | Reserve Bank of India |
|---|---|
| Year | 2006 |
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| Currency | Rupee (decimalized, 1957-date) |
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| Mint | ♦ Mumbai / Bombay, India (1829-date) |
| Mintage | ND (2006) ♦ - Mumbai Mint |
| Additional information |
Basaveshwara — the 12th-century Kannada statesman, philosopher, and Lingayat reformer — was commemorated on this circulation issue amid longstanding regional pressure from Karnataka to recognize him at the national level. The Lingayat community, politically significant in Karnataka, had advocated for decades for greater federal acknowledgment of his contributions to social reform, particularly his opposition to the caste system. The KM#324a designation distinguishes this stainless steel composition from the earlier bimetallic type, a change driven by production economics rather than any commemorative intent.